15 Above:  Dialog replaces discrete power management  components with highly integrated, single-chip  solutions that provide design simplicity, reduce  energy usage, save board space for other  components and lower the overall bill of materials. We have also expanded our global footprint by establishing an Asian headquarters function  in Taipei in April 2012. This complements our  existing manufacturing engineering support  presence in Taiwan, and is intended to facilitate  engagement with major new customers locally and is a stepping stone for our future  growth ambitions to address the fast-growing  smartphone market in China, which we expect  to nearly double to more than 450 million units  in 2013. Dialog should play its part as good corporate  citizens. We operate with a conscious eye on  minimising our impact on the environment and  making a positive contribution to society. This  not only reduces operating costs, by minimising  energy and raw material wastage, but also helps  us to make Dialog a great place to work.  I look forward to the challenges of 2013,  focusing in particular on the opportunities for our technologies in next generation  smartphones, tablets and Ultrabooks™,  together with the exciting growth opportunity  to bring our technology into smartphones for China. I remain confident of Dialog’s  prospects for continuing profitable growth as we pursue our aspirations to reach and  surpass US$1 billion in annual revenues. Dr Jalal Bagherli  Chief Executive Officer From left:  SmartPulse is Dialog’s wireless sensor network  connectivity solution, based on the Ultra Low Energy  DECT standard for home automation applications. Dialog opened its new Asian headquarters in Taipei in 2012 to meet the needs of our growing customer base in the region.