ABLIC, Acquired Samurai Semiconductor Corporation, a semiconductor design company as a subsidiary to Strengthen Development Capabilities for High-Value-Added Products for Automotive and Other Applications

ABLIC Inc. (“ABLIC”), a specialized analog semiconductor manufacturer in a group company of MINEBEA MITSUMI Inc.(“MinebeaMitsumi”), is hereby pleased to announce that the Company completed the Acquisition of Shares of Samurai Semiconductor Corporation (“SSC”), a semiconductor design company with advanced knowledge and cutting-edge technology, on April 25, 2023.

Based in Yokohama, Kanagawa Prefecture, SSC is a group of engineers specializing in semiconductor design with advanced knowledge and cutting-edge engineering skills.

SSC was founded in 2014 by an elite group of people with many years of experience and achievements in management and technology at major Japanese manufacturers.

SSC has highly skilled and experienced engineers in digital and analog, front-end and back-end, which enables them to develop products in a single integrated manner. Also, SSC’s engineers have abundant experience in projects with domestic and global companies. These are SSC’s greatest strong points.

ABLIC has been continuing to develop ultra-miniaturization, low power consumption, and high precision technologies through the development and manufacture of CMOS (complementary metal-oxide-semiconductor) ICs for quartz watches since the company's foundation, and has provided solutions based on its “small, smart, and simple” products up to now. With devices such as lithium-ion battery protection ICs, automotive power supply ICs, magnetic sensor ICs (Hall effect ICs), and EEPROMs, ABLIC has been playing a role to provide a part of varieties of applications for the areas of automotive devices, medical equipment, and IoT/Wearable devices, and so on.

”ABLIC's growth strategy for the future is to expand lithium multi-cell related products for automotive and other applications, as well as products for medical equipment. By combining SSC's advanced engineering and design expertise with ABLIC's accumulated engineering and development skills and know-how, we will be able to further accelerate and expand this growth strategy and solidify our path to continuous growth.” Nobumasa Ishiai, President and CEO from ABLIC, said.

Ishiai also mentioned the positioning of this acquisition of SSC, “The analog semiconductor business is positioned as one of the MinebeaMitsumi Group's "8 spears," the eight focusing business areas, and our growth will also contribute to the development of the MinebeaMitsumi Group, which is necessary and important for achieving the Group's medium-term target of 100 billion yen in sales for the entire semiconductor business in the fiscal year ending March 2025. This integration is also necessary and important for achieving the Group's mid-term target of 100 billion yen in sales for the fiscal year 2025.”

ABLIC will strive for the new products being developed through the INTEGRATION activities(*1) by the two companies to differentiate ABLIC from its competitors more and to be delivered to more customers as high value-added products.

(This material from MinebeaMitsumi's Financial Results Presentation as of May 11th, 2023)

(*1) INTEGRATION means “combining” rather than “simple gathering.” The Company will evolve its “core products” by combining and utilizing its proprietary technologies and will create new products in various fields through the INTEGRATON of the evolved products.

About Samurai Semiconductor Corporation

SSC was founded in 2014 by an elite group of people with proven track records and experience in both management and engineering at major Japanese manufacturers. SSC provides consulting, LSI design, policy support, and manufacturing support to a wide range of markets and customers requiring logic LSIs. With a corporate philosophy of "providing the world's best design services to our customers, reviving Japanese semiconductors, and enhancing the value of semiconductor engineers," SSC is constantly striving to improve quality with a "customer satisfaction first" attitude in all of its business activities. After the completion of the stock transfer to ABLIC in April 2023, SSC strives to provide high value-added products and services that will satisfy our customers in Japan and overseas more than ever under the INTEGRATION with ABLIC.

About ABLIC Inc.

ABLIC Inc. is an analog semiconductor specialist that became independent from the SEIKO Group in 2018 under the new company name, “ABLIC Inc.”, and its history dates back to 1968 with the development of CMOS ICs for the world’s first practical quartz watches.
Since then, ABLIC has been continuing to provide small, low-power consumption, and high-precision analog semiconductor products, not only for watches, but also for a wide range of consumer, mobile, automotive devices, and healthcare equipment.
ABLIC joined as one of the MinebeaMitsumi Group companies in April 2020, and will keep contributing to the enrichment lives around the world under our vision of inspiring customers with “Small, Smart, Simple” analog semiconductor solutions.

Contacts

Corporate Communications
ABLIC Inc.
E-mail: pr@ablic.com
Website: www.ablic.com
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