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Taipei,
Taiwan– August 20, 2007 – Alchip Technologies,
Ltd., a leading provider of silicon design and
manufacturing services for companies developing
complex and high-volume system-on-chip(SoC) designs,
today announced the strengthening of its management
team with the appointment of Jim Bailey as Chief
Operating Officer (COO). Bailey will be responsible
for driving global business strategy,new business
development and business operations in North America,
Japan, China and Taiwan.
"Jim has had a successful
track record creating business solutions forleading
semiconductor companies and is a valuable addition
toAlchip,” said Kinying Kwan, President and CEO
of Alchip. “In such a competing industry it is
our delight to add his leadership as an innovative,
intelligent and dedicated person who deeply understands
how to make organizations work effectively. With
Jim's operational experience and technical knowledge
on board we are confident that he will enable
our business penetration in global markets. We
are pleased to have someone of his caliber join
our management team.”
"I'm excited to join a
company that is trusted to deliver world class
SoC design and manufacturing services and first
pass silicon success," said Jim Bailey, COO
of Alchip. "As customers increasingly rely
on Alchip's superior SoC methodology and manufacturing
services to achieve critical time to market objectives,
I look forward to ensuring they experience the
highest level of customer satisfaction."
Throughout his career, Bailey
has gained recognition for creatingbusiness solutions
that scale as well as strong leadership in managing
global operations of leading companies, and leveraging
his skills to help them achieve their strategic,
operational and sales goals.
Bailey brings more than 25 years
experience from the EDA and IP industry segments
to Alchip. As COO, Bailey will be responsible
for establishing and maintaining the success of
the company that allows Alchip to continue its
international growth and achieve its primary business
objectives.
Prior to joining Alchip, Bailey
served as Vice President with Virage Logic for
worldwide sales and customer support. Bailey comes
with diverse experience in sales, marketing and
general management while engaging new businesses
in cutting edge technology markets. Bailey has
also served as President and CEO of Accenia, Inc.
Before Accenia, Bailey served as a general manager
in the Design for Manufacture (DFM) business unit
at Cadence Design Systems from 2002 to 2004. Bailey
joined Cadence in 2002 through the acquisition
of Simplex Solutions. While at Simplex Solutions,
Bailey held various management positions including
vice president and general manager, vice president
worldwide sales and sales director for North America.
Bailey held various sales and consulting management
positions with Mentor Graphics, Cadence Design
Systems and XCAT Incorporated. He began his career
as software engineer in 1982 at Control Data Corporation/ETA
Systems where he was the two-time winner of the
Technology Excellence Award.
About Alchip
Alchip Technologies, Ltd., headquartered in Taipei,
Taiwan, is a provider of silicon design and manufacturing
services for companies developing complex and
high-volume system-on-chip (SoC) designs. Founded
in 2002 by semiconductor veterans from Silicon
Valley and Japan, Alchip provides services intended
to enable customers to cost-effectively address
increasing technological complexity of silicon
design and the need to reduce time to market.
Alchip targets customers that address rapidly
growing and high-volume end markets, such as entertainment
devices, mobile phones, HDTV, communications equipment,
computers and other consumer electronic products.
Alchip has provided design services on numerous
complex SoC devices at 130nm, 90nm and 65nm advanced
process technologies. Alchip has branch offices
in the U.S. (Santa Clara, CA), Japan (Shin-Yokohama),
China (Shanghai), and Taiwan (Hsinchu). Additional
information about Alchip is available at http://www.alchip.com. |