Tranche Update on Pixelplus Co., Ltd.'s Equity Buyback Plan announced on June 22, 2016.
December 21, 2016
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From June 22, 2016 to December 22, 2016, the company has repurchased 426,419 shares, representing 5.49% for KRW 6,836.79 million. With this, the company has completed the repurchase of 426,419 shares, representing 5.49% for KRW 6,836.79 million under the buyback announced on June 22, 2016.
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.