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Actions to Showcase Latest Tablet and Multimedia Solutions at the Hong Kong Electronics Fair

2014-04-07 19:30 1755

ZHUHAI, China, April 7, 2014 /PRNewswire/ -- Actions Semiconductor Co., Ltd. (NASDAQ: ACTS) ("Actions Semiconductor" or "the Company"), one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile Internet system-on-a-chip (SoC) solutions for portable consumer electronics, today announced that the Company will participate in the Hong Kong Electronics Fair ("the Fair") held from April 13 to April 16 at the Hong Kong Convention and Exhibition Center in Hong Kong.

Actions plans to host a booth (booth No. 1CON-004) at the Fair to showcase its latest products and solutions designed for tablets, cloud connected devices and multimedia devices, including its OWL Series product family for Tablets, quad-core solution for OTT TV boxes with advanced multimedia features, as well as Bluetooth 4.0 and Wifi boomboxes. The Company will also showcase a new line of products based on its high-performance ATM7039 quad-core SoC for Smart Monitors, POS (point-of-sale) machines, Digital Signage and Thin client applications. Mr. Robert Wang, Vice President of Sales and Marketing of Actions Semiconductor, will lead the Company's sales and marketing team to meet existing and potential customers on site at the Fair.

"We are excited about the opportunity to present a wide array of solutions for tablets, cloud connectivity enabled products and other multimedia applications at the Hong Kong Electronics Fair," Mr. Wang said. "This signature industry event draws the attention and attendance of thousands of manufacturers and buyers from China and worldwide. We believe the quality and performance of our products will appeal to new and existing customers seeking to enhance their products with cost-effective, turnkey solutions utilizing the latest technology."

For more information on the Fair, visit http://www.hktdc.com/fair/hkelectronicsfairse-en/HKTDC-Hong-Kong-Electronics-Fair-Spring-Edition.html.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (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. 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 Shanghai and Shenzhen. 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. Such forward looking statements include statements concerning the reception of the company's new products by customers and business partners. Actions Semiconductor uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements are estimates reflecting current assumptions, expectations and projections about future events and involve significant risks, both known and unknown, uncertainties and other factors that may cause Actions Semiconductor's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, 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 most recently filed Forms F-1, 20-F and 6-Ks. Other unknown or unpredictable factors also could have material adverse effects on Actions Semiconductor's future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as required by law, Actions Semiconductor undertakes no obligation and does not intend to update or revise any forward-looking statement to reflect subsequent events or changed assumptions or circumstances.

Investor Contacts:


Elaine Ketchmere, CFA

Ally Xie, CA, CPA

Compass Investor Relations

Actions Semiconductor

Eketchmere@compass-ir.com

investor.relations@actions-semi.com

+1 310-528-3031

+86-756-3392353*1018

Source: Actions Semiconductor Co., Ltd.
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