Taiwanese microcontroller unit (MCU) firm Nuvoton is planning to expand its presence in South Korea, the company’s chairman said on Wednesday.
Chairman Yuan-Mao Su told a press conference in Seoul that the company is planning to aggressively expand in the market by meeting changing demand of South Korean customers.
The company currently offers over 700 models of MCU. Its South Korean business was expanding fast and the company plans to hire engineers locally to meet the rising demand.
Over 40% of its staff in South Korea were engineers and this number will continue to grow, Nuvoton said.
Nuvoton was founded by Taiwanese memory chip firm Winbond Electronics as a subsidiary in 2008.
It acquired Japan’s Panasonic Semiconductor in September 200, expanding into image sensing and appliance MCUs outside of conventional MCUs.
The company has eight regional offices and over 3,000 employees worldwide.
Nuvoton recorded 11.18 billion Taiwan dollars in revenue during the second quarter of this year with an operating income of 4.689 billion Taiwan dollars for an operating margin rate of 41.9%.
During the press conference in Seoul, the company introduced its M2354 and M2351 with beefed-up security features.
It also showcased its high-end MPU called MA35D1 which uses Arm’s Cortex-A35. The MPU supports 1GHz spectrum.