PR85003

SHENZHEN, China, Aug. 3, 2020 /PRNewswire=KYODO JBN/ --

Shenzhen Goodix Technology Co. Ltd., an integrated solution provider offering

industry-leading software and hardware semiconductor solutions, today announced

it has completed its acquisition of Dream Chip Technologies GmbH (DCT).

The acquisition of DCT is a key step for Goodix in constructing diversified

strategy and integrating global engineering talent.  DCT's strong technologies,

product offerings, and market penetration are a perfect match to Goodix's

innovative and fast-growing team, accelerating Goodix's ability to rapidly

deliver integrated solutions for smart mobile devices and automotive

applications, serving an expanding worldwide customer base.

Recent design wins with Hyundai and Lynk & Co demonstrate strong consumer

recognition of Goodix's expansion into the automotive application market. With

DCT's strong focus on autonomous systems, the combined organizations will

further strengthen Goodix's technological capabilities in offering differentiated

products to automobile customers worldwide. Specialized in the development of

large SoCs, FPGAs, embedded software and systems, DCT's world-class image

signal processing team adds to Goodix's arsenal of technologies, rounding-out

a more complete and comprehensive R&D team. Their joined forces will enable

enhanced and broadened offerings to the market of smart mobile devices.

"DCT's track record of success and market validation are perfectly aligned with

our strategic development in automotive applications and ISP offerings," said

David Zhang, CEO of Goodix.  "Coupled with Goodix's leading position in the

marketplace, we are well positioned to deliver compelling solutions to our

combined customer base."

"This is a very important move for DCT. With the fundamental backup of Goodix,

DCT will now be able to engage with customers into full ASIC business,

supporting them not only with outstanding chip design capabilities but now also

with the whole quality proven ASIC supply chain," said Peter Schaper, CEO of

DCT. "This will address all the upcoming demands for computing power hungry

SoCs supporting autonomous driving as well as comfort features in the cars."

About Goodix

Goodix Technology (SH: 603160) is an integrated solution provider for

applications based on IC design and software development offering

industry-leading software and hardware semiconductor solutions for smart

devices, IoT applications, and automotive electronics. Goodix is recognized as

the largest biometric authentication solution provider for Android devices in

the global market. To learn more, please visit: www.goodix.com

About Dream Chip Technologies

Dream Chip Technologies GmbH (DCT) is a German fabless semiconductor technology

company, specialized in the development of large ASICs, FPGAs, embedded

software and systems, with a strong application focus on automotive vision

systems. Companies worldwide from different industrial sectors rely on DCT's

expertise and outstanding engineering skills. It is DCT's mission to bridge the

gap between demand and supply by supporting their customers with sophisticated

vision technologies, thus enabling them to launch new products without

neglecting their core business. This strategy ensures business stability and

steady growth through product innovations simultaneously. Our strong

development team brings more than 25 years of design experience to customers.

The main strength of the company is image signal processing, device

inter-networking and autonomous systems. The company now has more than 100

engineers in Germany and the Netherlands. To learn more, go to www.dreamchip.de.

For more information contact:

Sunny Wang

+1 (857) 272-2424

SOURCE  Goodix