LitePoint Announces Richard Hsieh Joining as Vice President and General Manager of Taiwan Operations
TAIPEI, Taiwan, May 16, 2012 /PRNewswire/ -- LitePoint, a leading provider of wireless test solutions, has announced that Richard Hsieh joined LitePoint as Vice President and General Manager of its Taiwan operations, based in Taipei.
"As LitePoint continues to aggressively grow our 4G/LTE cellular and 802.11ac connectivity business, we are expanding our sales and support operations in Taiwan. Richard brings in a deep test expertise and a proven track record of impressive business growth to our Taiwan operation. His background and leadership skills will enable LitePoint Taiwan to build upon the momentum the team there has established over the past several years," said Spiros Bouas, chief operating officer at LitePoint.
Mr. Hsieh joins LitePoint after 12 years in various roles at LitePoint's parent company, Teradyne; most recently as Taiwan sales director. During his tenure at Teradyne, Mr. Hsieh was responsible for managing the Taiwan sales team and expanding local operations that resulted in revenue growth of more than $100 million (U.S.).
"Richard will be a great resource and a trusted business partner to our customers. And with the combined resources of Teradyne and LitePoint, we will be able to take our world class sales, service and support operation to a whole new level for our customers," Bouas added.
LitePoint, a wholly owned subsidiary of Teradyne, Inc. www.teradyne.com (NYSE: TER), is based in Sunnyvale, California. The company designs, develops and supports advanced wireless test solutions for developers of wireless devices and consumer electronics, contract manufacturers and wireless integrated circuit designers. LitePoint solutions have optimized and verified the operation of more than one billion wireless devices worldwide. LitePoint products are used in development and high-volume manufacturing, providing its customers with improved ROI, time-to-market, manufacturing yields, and product quality. For more, go to www.litepoint.com.
Brad Poston, VP, Marketing Communications
1 (408) 456-5000
Andrew Blanchard, VP, Investor Relations
1 (978) 370-2425
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