Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) solutions for portable consumer electronics, today announced that its new 0.18 micron mixed signal multimedia SoC product has passed all necessary preproduction trials and will be ready for shipment in approximately 8 weeks.
Actions' latest multimedia product is the Company's first product to adopt the 0.18 micron process, new audio decoding technology, and new power management technology. This new audio decoding technology supports higher audio compression rates, which prevents data loss during file compression and produces better audio quality, comparable to a CD. The new power management design is further optimized by reduced power consumption when compared to previous products, and avoids potential technology overlap with competitors.
The product is compatible with APE and OGG audio formats, as well as traditional MP3 and WMA formats. It is also compatible with Windows Media Digital Rights Management 10 (WMDRM10) and Media Transfer Protocol (MTP). Additionally, the new product supports USB 2.0 high-speed transfer rates, image storage and display, battery charge protection, and video display on movement. The product also supports Actions' AMV video engine, enabling smoother video playback with better audio quality for multimedia players by maximizing battery life and power management capabilities.
"Our design technology is already recognized as industry leading," commented Mr. Nan-Horng Yeh, the Chief Executive Officer of Actions. "The unique design of our 0.25 micron technology products made them comparable to our competitors' 0.18 micron process products. Actions' migration to 0.18 micron will further enhance our ability to provide cutting edge solutions and compelling cost advantages."
About Actions Semiconductor
Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and references to the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing and Shenzen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our Registration Statement on Form F-1 related to our initial public offering. Actions Semiconductor undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.
For More Information
Suzanne Craig or Lisa Laukkanen
The Blueshirt Group for Actions Semiconductor
suzanne@blueshirtgroup.com or
lisa@blueshirtgroup.com
415-217-4962 or 415-217-4967
Chung Hsu
Director of Investor Relations
Actions Semiconductor
chung@actions-semi.com
+86-756 3392 353 *1015