Faraday Technology: Announcement of President Change

Hsinchu, Taiwan -- July 28, 2015 -- Faraday Technology Corporation has held the meeting of Board of Directors today (Jul. 28, 2015) and appointed Steve Wang to serve as President.

Steve Wang acted as Vice President of UMC's IP and Design Support Division before the nomination; he has ever served as Chief Strategy Officer and Spokesperson of Faraday.

About Faraday Technology Corporation

Faraday Technology Corporation is a leading fabless ASIC and silicon IP provider. The broad silicon IP portfolio includes I/O, Cell Library, Memory Compiler, ARM-compliant CPUs, DDR2/3/4, low-power DDR1/2/3, MIPI, V-by-One, MPEG4, H.264, USB 2.0/3.1 Gen 1, 10/100/1000 Ethernet, Serial ATA, PCI Express, and programmable SerDes, etc. Headquartered in Taiwan, Faraday has service and support offices around the world, including the U.S., Japan, Europe, and China. Faraday is listed on the Taiwan Stock Exchange, ticker 3035. For more information, please visit：www.faraday-tech.com