DIALOG SEMICONDUCTOR : Reduced to Neutral by UBS

Dialog Semiconductor Plc develops and distributes integrated and mixed signal integrated circuits (ICs), optimized for hand-held devices, Internet of things (IoT), smart home, light emitting diode (LED) solid-state lighting (SSL) and automotive applications. The Company operates through four segments: Mobile Systems, which includes its power management and audio chips designed to meet the needs of the wireless systems markets and a range of driver technologies for low power display applications; Automotive & Industrial, which markets its products to address the management and control of electronic systems in cars and for industrial applications; Connectivity, which includes short-range wireless, digital cordless and voice over Internet protocol (VoIP) technology, and Power Conversion, which includes alternating current/direct current (AC/DC) converter solutions for charging power adaptors for portable devices, as well as its LED drivers for SSL products.