Dr. Li Lie is the Chairman of the Global Semiconductor Industry Alliance (GSA) and is a well-known and respected person in the semiconductor industry. He has more than 30 years of experience in the semiconductor industry. His most recent position was the co-president of Tsinghua Unisplendour Group and prior to that. He served as president, CEO and president of Spreadtrum Communications, as well as Chairman of RADICO. During his nine-year tenure at Spreadtrum, Dr. Li was committed to continuous innovation, quality control and customer relationship management, which helped Spreadtrum Operating income increased from 100 million U.S. dollars to 2 billion U.S. dollars, raising its market value from 35 million U.S. dollars to 7.5 billion U.S. dollars.
With his extensive experience in China and the United States as two important Imagination markets, Dr. Li’s appointment will support the company’s expansion strategy in China and build new bridges between the United States, Europe and Asia. Imagination Technology Co., Ltd. in China Continuously increase capital investment, continue to use new project authorization and design-in to help Chinese semiconductor partners enhance their competitiveness, and promote China to continue to be one of the largest and most competitive semiconductor markets in the world.
Dr. Lee will succeed Andrew Heath as CEO. Andrew took up this position in February 2016. Under his leadership, the company returned to profitability, and later promoted the sale of the company to the US private equity firm Canyon. Bridge, ensures that the company can continue its business model as the world's leading independent IP provider.
'Andrew successfully served as the CEO of Imagination during the challenging period. He left the company with a magnificent blueprint for development and sales plan, and established excellent partnerships around the world, especially in mainland China and Taiwan. We are grateful to him for the tremendous contribution he has made over the past two years! Ray Bingham, Founding Partner of Canyon Bridge Capital Limited and Executive Chairman of Imagination, stated: 'With his extensive experience in the global and Chinese semiconductor industry, Dr. Li will Leading Imagination, the world's leading independent IP provider, into a new development process; he will lead the company in the area of graphics processing and connectivity technologies to bring customers industry-leading technologies and solutions to achieve our goals in the field of artificial intelligence (AI). New strategy and vision. This appointment confirms our commitment to extending the best talent, investing in new technologies, and acquiring and servicing global customers.
'In the past few years I have been keeping a close eye on Imagination. Now that we have a grand strategic plan to promote the company to achieve greater success, we will increase investment and seize the opportunities in various markets, especially the world's largest semiconductor One of the markets in the Chinese market. We will refocus our technology innovation by enhancing our R&D capabilities, making Imagination once again a global leader in technology and focusing on bringing value to our customers. ' CEO of Imagination Technology Co., Ltd. Dr. Li Liyou said: 'Utilizing the fund and strategic capital provided by Canyon Bridge, Imagination will be able to fully realize its full potential as the world's leading independent IP provider.'
Dr. Jon Peddie, president of market research firm Jon Peddie Research, said: “Imagination is a pioneer in graphics processing, the first company to introduce 3D acceleration technology in PCs and game consoles, and the first company to provide high performance in the world. GPU IP is one of the first vendors to support GPU computing and has played a key role in a range of markets from portable electronics to automotive. In my opinion, Imagination's corporate culture is never-ending innovation, and with the addition of Dr. Li Liyou, a heavyweight figure in the semiconductor industry, Imagination has found a leader who focuses on innovation and leads the company to the next 'first'.