Seiko Instruments chip arm changes name and owner

August 25, 2017 // By Nick Flaherty
Seiko Instruments chip arm changes name and owner
Seiko Instruments chip subsidiary SII Semiconductor is to change its name to ABLIC in January as its banking investor takes over.

SII Semiconductor was established in September 2015 in a 60:40 joint venture with the Development Bank of Japan, which takes 100% ownership in January.

The new company name of ABLIC comes from combining ABLE and an IC. It has 823 employees with a focus on analogue devices such as voltage regulators and temperature and magnetic sensors.

However, with a bank as an owner the prospect is a sale to another semiconductor house. DBJ is an investor in a consortium looking to buy Toshiba's flash memory operation.

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