Korean provider of specialty ICs begins shipping touch-screen controllers to Shenzen-based Skyworth Group and Beijing-based Tianyu Communication Equipment Company

SEOUL, KOREA--Dec. 13, 2012--(Business Wire)--Dongbu HiTek today announced that it has scored two big wins in the Chinese smart phone market, naming Beijing-based Tianyu Communication Equipment Company and Shenzen-based Skyworth Group as new customers. The Korean provider of specialty ICs confirmed that it has initiated volume shipments of advanced touch-screen controller chips to both companies.

The touch-screen controllers destined for China specify a 300 Hz frame rate, some three times faster than previous generation smart phones. This faster rate facilitates touch-drawing of continuous figures on screen without interruption. The controllers also enable 10-finger multi-touch capability for playing on-screen instruments such as a piano. Moreover, the controllers conserve power as they draw only 2.5 mA compared to 10 mA for previous generation phones (based on 80 Hz frame rate). These advanced chips are ideal for use with 4.3-, 5.0- and 7.0-inch smart-phone screens.

Touch-Screen Foothold in China

According to Dongbu HiTek, the two wins disclosed today are significant as they mark the Korean company’s major penetration into serving the broader Chinese market. While continuing product development efforts with both Tianyu and Skyworth in the smart phone segment, the company aims to expand its business in China with advanced touch-screen controllers now under development for tablet PCs and Laptops.

Dongbu HiTek’s touch-screen controllers deploy a projected capacitive (pro-cap) technology as opposed to a resistive type. Pro-cap technology yields significant benefits, the most significant being: high durability for long product life; high transmissivity for excellent optical performance; and “unlimited touch” for discerning and processing simultaneous touches. According to iSuppli, the pro-cap type of touch-screen controllers will command 70% of a $1.5 billion market in 2012 and continue to maintain this lion’s share as the market reaches $1.6 billion in 2015.

About Skyworth and Tianyu

Skyworth Group, headquartered in Beijing, is a leading global electronics manufacturer listed on the Hong Kong Exchange (code: 0751). The company develops, manufactures consumer electronics, internet communications and security protection products.

Based in Beijing, Tianyu Communication Equipment Co., Ltd. is a leading mobile phone manufacturer officially licensed by the Chinese government to manufacture GSM/GPRS and CDMA mobile phones. Marketing their phones under the K-Touch brand, the company is recognized as a major enterprise by the Committee of Science and Technology in Beijing.

About Dongbu HiTek

Dongbu HiTek Co., Ltd. specializes in developing superb analog and mixed-signal processing technologies. The company adds high value to advanced ICs with a processing portfolio that encompasses Analog CMOS, BCDMOS, High Voltage CMOS, CMOS RF, CMOS Image Sensor (CIS), Display Driver IC (DDI), Touch Screen Controller IC and NOR Flash technologies. With its best-in-class BCDMOS technology, the company manufactures power management chips that serve numerous applications ranging from home and handheld electronics to automotive and industrial systems. Currently processing technologies at nodes ranging from 0.35 microns to 90 nanometers, the company complements its world class foundry capabilities with top quality design support, prototype verification and packaging/module development. Headquartered in Seoul, Dongbu HiTek publicly trades its stock under 000990 on the Korea Stock Exchange. For more information, visit www.dongbuhitek.com.

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Dongbu HiTek HQ Dongbu HiTek USA

Kevin Lee Elizabeth Estrella-Basilio

Phone: +82.32.680.4052 Phone: +1.408.348.7538

kevin.lee@dongbu.com elizabeth@crossborderpr.com