Dialog Semiconductor plc (XETRA:DLG), a provider of custom and configurable power management, AC/DC power conversion, charging and Bluetooth® low energy technology, was named the Best Financially Managed Semiconductor Company at the 2019 Global Semiconductor Alliance (GSA) Awards.
Now in its 24th year, the GSA awards recognize individuals and companies in the semiconductor industry that have demonstrated excellence in vision, innovation, execution and future potential within the industry over the past year.
“With over 30 years of proven expertise, Dialog’s growth strategy is built on a solid foundation of innovative product design targeting fast growing market segments including IoT,” said Jodi Shelton, president, GSA. “I am delighted to present this award to Dialog for its achievements in 2019.”
Public fabless and IDM semiconductor companies are awarded the Best Financially Managed Semiconductor Company Award based on a broad evaluation of their financial health and performance in a given year. Dialog won the category specifically for companies achieving greater than $1 Billion in annual sales.
Dialog had a strong year marked by innovative product introductions and financial successes, with the stock price increasing by over 100 percent in 2019 along with several major announcements including the recent acquisition of Creative Chips to address the Industry 4.0 market.
“It is an honor to be recognized once again by the GSA for our achievements over the past year,” said Dr. Jalal Bagherli, CEO of Dialog Semiconductor. “We have a robust financial position which is allowing us to make targeted investments to expand our product portfolio. These investments are helping to build a vibrant mixed-signal business developing the solutions our customers need to compete in the smart connected future.”