Macroblock launches initial public offering in Taiwan

LED driver IC manufacturer Macroblock has been approved for an IPO by Taiwanese regulators.

Macroblock, an LED driver IC company based in Taiwan, has been approved by Taiwan Securities & Futures Bureau (SFB) for an initial public offering (IPO) on the OTC (over-the-counter) market under the trading symbol “3527”.

Macroblock is a leading mixed-signal IC company and its principal products include innovative and differentiated LED-related IC solutions such as PrecisionDrive™, Share-I-O™, and S-PWM™. Applications for the company products include LED displays, LED illumination, LED backlighting and power management.

Macroblock says that it has expanded its global market share and exhibited strong revenue growth and financial results in the past years.

"Macroblock Inc. is a reliable and financially stable company in business, providing not only quality products but also quality services to meet our customers' expectations," said the company's president, L.C. Yang.

"With this belief in mind, we will continue to grow and create the mutual success for Macroblock and our customers in the future. I am pleased and grateful to share this good news with our customers, distributors, and vendors."

More in Backlighting Signs & Displays