I am Tetsuo Hikawa and was appointed President and CEO at the meeting of the Board of Directors following the recent 29th Annual General Meeting of Shareholders.
Since our founding in 1990 as Japan’s first fabless maker specializing in system LSIs, MegaChips Corporation has focused its resources on research and development to hone its unique technology and placed emphasis on building a comprehensive system that plans, develops and provides system LSIs for customers. Always motivated by our desire to contribute to enhancing the competitiveness of our customers, we have combined our knowledge of applications and systems with our expertise in LSIs, thereby designing and generating outstanding system LSIs that meet the needs of customers and the times. Serving as a development partner for customers and supporting them as they overcome their problems or differentiate their products has been a great source of our growth.
The world is currently experiencing significant changes due to the breakneck evolution of technology, such as IoT and AI. We must respond swiftly to a surrounding business environment which is rapidly undergoing significant changes as well.
Considering it an opportunity for the Group’s further growth, we aim at becoming an increasingly major player by pursuing expansion on two fronts: the stable ASIC business, which has a strong customer base, and the ASSP business, which has a competitive edge in emerging fields.
Concretely, in the ASIC business, in addition to the game console, digital camera, and office machine core fields, we will explore new and influential customers in new fields, both inside and outside Japan. More specifically, we will leverage our core technologies in the field of high-speed wired telecommunications to expand the business in the industrial equipment fields including automotive, FA and robotics.
In the ASSP business, we will set MEMS timing devices as a core element in actively developing business primarily in the fields of 5G telecom infrastructure, automotive and IOT.
And we will further strengthen and enhance its management system to take on the challenge of creating new value and promoting sustainable business growth.
President and CEO