Tranche Update on Pixelplus. Co., Ltd.'s Equity Buyback Plan announced on August 21, 2017.
February 21, 2018 at 12:12 pm IST
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From October 1, 2017 to December 31, 2017, the company has repurchased 170,302 shares, representing 2.36% for KRW 1,365.09 million. With this, the company has completed the repurchase of 276,152 shares, representing 3.81% for KRW 2,424.5 million under the buyback announced on August 21, 2017.
PIXELPLUS Co., Ltd. (PIXELPLUS) is a fabless semiconductor company. The Company is engaged in researching, developing and manufacturing image sensors and imaging solutions. PIXELPLUS focuses on security and monitoring camera solutions and automotive camera solutions. It offers solutions for image sensor-based camera applications by penetrating medical and home application markets. The Company designs and manufactures complementary metal-oxide semiconductor (CMOS) image sensors and chipset solutions. It has developed a compact video graphics array (VGA) and 1.3 Mega Pixel image sensor solutions for mobile phones. It has also developed the auto-focus (AF) two Mega Pixel CMOS image sensor solution. The Company's products include Analog Sensors, Digital Sensors, Medical Sensors, Companion Chips and System on a Chip. Its products offer applications in various sectors, such as security, automotive, medical, biometrics and others.