ILI Technology Corp (Ilitek), a leading touch controller and driver integrated circuit (IC) fabless design house based in Taiwan, has signed a multi-year wafer supply and purchase agreement with SilTerra Malaysia Sdn Bhd.
SilTerra and Ilitek will collaborate on technology development and wafer fabrication for touch controller and display driver IC for the industrial and home appliance markets under the terms of the agreement.
This agreement marks another milestone for SilTerra’s and Ilitek’s relationship. Based on SilTerra’s high-voltage 0.16um and 0.13um technology platforms, the two companies will continue to collaborate closely on product development and mass production.
SilTerra’s high-voltage technology is one of the company’s most successful and important enabling technologies for the global display driver IC markets for small panels like wearables and mobile devices, medium panels like monitors, and large panels like TVs.
Dagang NeXchange Bhd group managing director and SilTerra executive chairman Tan Sri Syed Zainal Abidin Syed Mohamed Tahir says in a statement today, “This achievement is a significant step toward SilTerra’s goal of becoming a world-class leader in the semiconductor market in terms of operational excellence and technological advancement.
“As part of SilTerra’s transformation, the new shareholders are leading the company to ready market access by leveraging on our network including strategic customers and long-term supplier contracts.
“In addition, we are continuously committed to expanding SilTerra’s production capacity and technology capabilities in the global semiconductor industry.”
Syed Zainal goes on to say that the agreement will go a long way forward in ensuring the company’s long-term growth, as the partnership will help the company develop and grow in the market.
“The agreement will help SilTerra secure a stable wafer loading, ensuring sustainable growth for the company going forward.
“In addition, the partnership will also cover joint technology and market development to grow SilTerra’s business and market share in the industrial touch controller market,” he added.
SilTerra is a strategic investment of DNeX, and Beijing Integrated Circuit Advanced Manufacturing and High-End Equity Investment Fund Center (Limited Partnership) (CGP Fund).
Since 2006, SilTerra has worked with Ilitek as a long-term technology and business partner.