ROCHESTER, N.Y. German chip developer Dialog Semiconductor announced today (March 31) that it will close its Swedish subsidiary in a move to control both costs and headcount.
Dialog has its roots back to International Microelectric Products (IMP) and DaimlerChrysler AG and is currently backed by Ericsson, Apax Partners and Adtran. The company develops mixed-signal components for power management, audio, and imaging. In the comm sector, the company is building power management and audio ICs for mobile phone designs.
By dropping its Swedish operation, the company said it would go back and focus on its core competency of IC design. It remains unclear how many employees will be lost with the closing of the Swedish facility. What is clear, however, is that once the Swedish operation is closed, Dialog will still maintain design centers in the US, UK, Japan, Germany, and Austria while corporate headquarters remains in Kircheim/Teck-Nabern, Germany.