) recently strengthened its Asian footprint by collaborating with
Marubun Corporation, a renowned Japanese distributor. The company
has entered into a distribution agreement with Marubun to widen
the exposure of its customizable and catalog Customer Specific
Standard Products (CSSPs) solutions in Japan.
Marubun provides a complete package of semiconductor solutions
ranging from marketing to technology. Its business model hinges
upon strong customer relationships at the point of contact
between customers and suppliers and is likely to be in sync with
QuickLogic's collaborative customer engagement approach.
Marubun's broad line of services as well as extensive sales,
marketing and technical resources are expected to boost
QuickLogic's local presence. Moreover, Marubun's huge customer
base will likely help in bringing QuickLogic's innovative and
customized CSSPs to the fore.
The collaboration will likely facilitate QuickLogic to reach
out to its target audience - Japanese mobile device
QuickLogic has been expanding its presence worldwide to meet
the growing demand for CSSPs. A few months back, the company
opened a new office in Seoul, South Korea to capitalize on
theCSSP demand in Asia.
QuickLogic invents and offers customer-friendly software
solutions to mobile and portable electronics Original Equipment
Manufacturers (OEMs) and Original Design Manufacturers (ODMs),
which collectively are called CSSPs. Generally, CSSPs allow
manufacturers to produce customized products that can be launched
quickly and have a longer market presence.
QuickLogic currently carries a Zacks Rank #3 (Hold).
Better-placed stocks in the industry include
ARM Holdings plc
Avago Technologies Ltd
). All of these stocks currently have a Zacks Rank #2 (Buy).
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DIODES INC (DIOD): Free Stock Analysis Report
QUICKLOGIC CORP (QUIK): Get Free Report
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