ZHUHAI, China, Jan. 9 /Xinhua-PRNewswire/ -- 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 Director of Investor Relations
for Actions Semiconductor Actions Semiconductor
suzanne@blueshirtgroup.com or calvin.lau@actions-semi.com
lisa@blueshirtgroup.com +86-21-5169-8908 *211
415-217-4962 or 415-217-4967