Title : Correction to Omnivision's Interview
link : Correction to Omnivision's Interview
Correction to Omnivision's Interview
Omnivision asked me to correct a part of Yole Developpement interview that talks about its relationship with Will Semiconductor:"PC: Since the change in shareholders two years ago, can you explain to our readers what has changed for the company?
MW: Our IPO on the Nasdaq Exchange was in 2000. In 2016, we went private. Since September 2017, Mr. Renrong Yu has been OmniVision CEO and he also serves as Chairman of the Board of Will Semiconductor. While the companies have had a close working relationship, the Will Semiconductor company presently owns a small minority share in OmniVision. A proposed transaction is currently in the due diligence phase, and would still require regulatory approvals. Upon consummation of the proposed transaction, the combined company would then be publicly traded on the Shanghai Stock Exchange.
That said, our focus and mission at OmniVision have not changed. That mission is to enable the sensing possibilities with intelligent and reliable imaging solutions. We will continue to develop image sensors for the markets mentioned earlier with more resources and a larger sensor portfolio to capture more worldwide market share."
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