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Thursday, December 22, 2005

PixelPlus files IPO of $36M

Another image sensor company becomes public (link). Now we get indications about image sensor market from PixelPlus quarterly reports under sticker PXPL. Half of the company would be publicly traded which puts the company valuation at $72M.

Pixelplus released a list of their customers here:

BYD Co., Ltd.,
China TechFaith Wireless Communication Technology Ltd., or China TechFaith,
DART Express Incorporated,
DK Semicon,
Ningbo Bird Co., Ltd.,
Pantech Co., Ltd.,
ROHM Co., Ltd.,
Seiko Precision Inc.,
Sharp Corporation

Quite an impressive list. Sharp is by far the major PXPL's customer:
"In 2004, we shipped approximately 10.8 million CMOS image sensors worldwide, of which 7.7 million CMOS image sensors were sold through DongbuAnam Semiconductor Inc., or DongbuAnam, to Sharp under our services arrangements with DongbuAnam, and during the first nine months of 2005, we shipped approximately 14.8 million CMOS image sensors and camera modules worldwide, of which 5.6 million CMOS image sensors were sold through DongbuAnam to Sharp."

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