Press
Release
Actions
Semiconductor Starts Sampling Series 13 Product Family
ZHUHAI,
China, January 9, 2007 - 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,
announced that the company has begun shipping samples of its new Series 13
product family to customers for evaluation.
Actions’
Series 13 product family features a brand new dual-core architecture with 32-bit
MIPS core and a 24-bit DSP, supporting full video and audio functionality on
larger QVGA color displays. The Series 13 line is compatible with a wide range
of popular video formats including WMV, AMV, MPEG-4 SP, MJPEG, and audio formats
including MP3, WMA, OGG, Audible audio, as well as popular lossless formats
such
as APE and WAV. Actions expects to commence volume shipments by the second
half
of 2007.
“Our
next
generation Series 13 product family is designed to meet consumer’s demand for
high quality multimedia playback on-the-go,” commented Mr. Nan-Horng Yeh, Chief
Executive Officer of Actions Semiconductor. “We have established video playback
functionality as a standard feature in the Chinese PMP market, and we are
confident that our introduction of a new product family that features
comprehensive video support will meet our consumers’ evolving technological
needs at Actions’ notably attractive price-to-performance ratio.”
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 |
Calvin Lau |
| The Blueshirt Group for Actions
Semiconductor |
Director of Investor Relations |
| suzanne@blueshirtgroup.com or |
Actions Semiconductor |
| lisa@blueshirtgroup.com |
calvin.lau@actions-semi.com |
| 415-217-4962 or 415-217-4967 |
+86-21 5169 8908
*211 |