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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
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Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For September 29, 2006
COMMISSION FILE NUMBER 5-59311
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DIALOG SEMICONDUCTOR PLC
(Translation of registrant's name into English)
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Neue Strasse 95
D-73230 Kirchheim/Teck-Nabern, Germany
(Address of principal executive office)
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Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):
Yes [ ] No [X]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):
Yes [ ] No [X]
Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-__
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DIALOG SEMICONDUCTOR Plc.: Trading update
KIRCHHEIM/TECK, Germany--(BUSINESS WIRE)--Sept. 29, 2006--Dialog
Semiconductor PLC (NASDAQ: DLGS) (FWB: DLG) was informed by its Asian customer,
BenQ, that its German operations, BenQ Mobile GmbH, will file for insolvency at
the local court in Munich within the next few days.
Dialog's current related accounts receivables, inventory and materials at
suppliers for BenQ are estimated to be in the range of EUR 5.0 million to EUR
7.0 million.
It is now anticipated that Dialog's revenues for Q4 2006 will be in the
region of EUR 11 million. This is a reduction from previous expectations
principally due to development at BenQ.
However, BenQ has indicated that its worldwide mobile business is to be
continued from Asia, so the impact for Dialog's business could be less than
suggested above.
As previously indicated, the Company is transitioning its revenues from 2G
to 3G based products in 2006. BenQ was the remaining major element of our 2G
based revenue. Dialog expected no more than EUR 7.0 million of its 2007 revenue
to come from BenQ, mostly for shipments within the first half of next year.
The Company remains confident in a return to growth in 2007 and has many 3G
customer projects for 2007 which are entirely based on other major mobile phone
customers.
The company remains debt free and has healthy cash balances.
Information and Explaination of the Issuer to this News:
Information about Dialog Semiconductor
Dialog Semiconductor develops and supplies power management, audio and
display technology, delivering innovative mixed signal standard products as well
as application specific IC solutions for wireless, automotive and industrial
applications. The company's expertise in mixed signal design, with products
manufactured entirely in CMOS technology, enhances the performance and features
of wireless, hand-held and portable electronic products. Its technology is also
used in intelligent control circuits in automotive and industrial applications.
Dialog Semiconductor Plc is headquartered near Stuttgart, Germany with
additional design facilities in the UK, the USA, Austria and Japan. The company
is listed on the Frankfurt (FWB: DLG) and on the NASDAQ (DLGS) exchanges.
CONTACT: Dialog Semiconductor PLC
Birgit Hummel, +49 7021-805 412
birgit.hummel@diasemi.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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DIALOG SEMICONDUCTOR PLC
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Date September 29, 2006 By /s/ Jalal Bagherli
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Dr. Jalal Bagherli
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Executive Director and CEO
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