SII Semiconductor Corporation (President: Nobumasa Ishiai, Head Office: Chiba-shi, Chiba; hereinafter “SII Semiconductor”) today announced that the company changed its company name to ABLIC Inc. (hereinafter “ABLIC”) as of January 5, 2018.
SII Semiconductor was established in September 2015 by succeeding the semiconductor business of Seiko Instruments Inc. (President: Hitoshi Murakami, Head Office: Chiba-shi, Chiba; hereinafter “SII”), and through a joint investment by Development Bank of Japan Inc. (President & CEO: Masanori Yanagi, Head Office: Chiyoda-ku, Tokyo; hereinafter “DBJ”) in January 2016 (the investment ratio of SII and DBJ was 60% and 40%, respectively), SII Semiconductor has deployed and expanded its business.
SII today transferred a portion of its shares to DBJ, and as a result, DBJ acquired 70% of the shares of SII Semiconductor and became the largest shareholder. Taking advantage of this opportunity, SII Semiconductor changed its company name for further growth and expansion of its business as a manufacturer specialized in analog semiconductors.
ABLIC continues to strive for enhancing its development function as well as manufacturing capability for semiconductor products featuring low-current consumption, low-voltage operation, and ultra-small package technologies that have been honed over many years, aiming to be an industry-leading analog semiconductor company on a global basis.
English: ABLIC Inc.
The new company name, ABLIC, is a coined word combining ABLE (possible) and IC (short for “integrated circuit”), expressing that semiconductor technology enables possibilities.
The logo is a combination of an arrow pointing upward that expresses growth and a diamond symbol that expresses an IC. It symbolizes the first initial of the company name, A, and a corporate attitude seeking to develop society as a whole with semiconductors.
Outline of Company
Trade Name: ABLIC Inc.
Date of Changing Company Name: January 5, 2018
Start of Business Operation: January 2016
Head Office: 8 Nakase 1-chome, Mihama-ku, Chiba-shi, Chiba 261-8507, Japan
Capital: 9,250 million yen
Business Line: Design, development, manufacture, and sale of analog semiconductors
Representative: President & CEO: Nobumasa Ishiai
Number of Employees: 880 (as of January 5, 2018)
Web Site Adress: https://www.ablicinc.com/
Shareholders: Ratio of voting rights
Development Bank of Japan 70%
Seiko Instruments Inc. 30%
About Development Bank of Japan Inc.
After privatization in 2008, DBJ has consistently promoted the improvement and expansion of financial services of integrated investment and loan, and the sophistication of management bases such as risk management systems. Aiming to achieve a sustainable society, DBJ deepens dialogues with stakeholders and is active in investing activities with the motto of “sustainability management” that strives to constantly improve the processes for creating economic value and social value.
Affairs & Public Relations Group
Affairs & Public Relations Department