Telechips to Establish USA Headquarters

Telechips (KOSDAQ: 054450) announced that it is establishing headquarters in Irvine, California for its US operations in a move designed to better serve customers and position Telechips for sustainable, long-term growth.

“The opening of our US headquarters is a significant milestone for Telechips. The company now has a world-wide foot print and the ability to serve key customers here in the United States. Telechips is excited to begin selling our SoC products that offer best in class performance and world class quality. We look forward to expanding sales in the Set-top Box and automotive markets.” said Steve Wahl, Telechips USA, Inc.’s first chief executive officer.

“We are excited to establish our office in the US. We anticipate rapid expansion in both the US and Europe markets. Having a US presence is a key to our growth plans.” said Jangkyu Lee, chief executive officer and President of Telechips.

Telechips will showcase Automotive Infotainment demos at GENIVI AMM on 19^th, Oct. 2016, in Burlingame, California. Battleship platform is a standard solution for Display Audio and AVN, integrating OEM proven assets through a collaboration with strategic partners. Telechips provides market verified automotive multimedia, connectivity, and broadcasting chipsets. With this integrated IVI solution, Top tier manufacturers are able to secure stable system with reduced costs and lead time.

About Telechips

Telechips Inc. (KOSDAQ: 054450) is a leader in fabless company fields introducing market leading products. The company designs and builds semiconductor technologies that serve as the foundation for the world’s leading application processor and communication ICs for Automotive Infotainment and STB. Telechips is headquartered in South Korea and has regional offices in China, Japan, USA, and Singapore.
Telechips Automotive Infotainment products have high-security level and power efficiency so that it improves stability of the system. Specifically, Telechips not only supplies chipsets, development environment, and reference H/W guide but also provides core technology necessary for developing set as a Turn-Key.
Telechips’ secure and powerful AP for Android/Linux/HTML5 based STB&OTT enabling small footprint and low power consumption, benefits users with new experiences and rich multimedia service scenario.