ZHUHAI, China, Aug. 3 /PRNewswire-Asia/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) and multimedia digital signal processing (DSP) solutions for portable consumer electronics, announced today that the company has begun shipping samples of its new Series 2 product family to customers for evaluation.
Actions' Series 2 product family will serve the mainstream mono display and small size color display digital audio players. The Series 2 uses 0.153 micron technology to provide a highly integrated 'all-in-one' single-chip digital music player solution. The Series 2 features strong and flexible NAND flash compatibility and can be programmed for multiple digital audio standards. This new product series also has an upgraded video feature, supporting 20 frames per second video quality, as well as AMV and AVI video formats.
The Series 2 product family features an efficient on-chip DC-DC converter and pin-to-pin compatibility with the Series 11, our former mainstream product line. The solutions offer battery-friendly low power consumption and can act as a USB mass storage device.
"We are pleased to introduce another product family targeted at the fast-growing value segment," stated Mr. Nan-Horng Yeh, CEO of Actions Semiconductor. "Our continued investment in technological innovation with a focus on offering cost effective and quick time-to-market solutions has allowed us to continue strengthening our leadership position in the personal media player market."
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 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, 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. 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 most recently filed Forms F-1, 20-F and 6-Ks. Actions Semiconductor undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.
For more information, please contact:
Investor Contacts:
Lisa Laukkanen
The Blueshirt Group
Tel: +1-415-217-4967
Email: lisa@blueshirtgroup.com
Jimmy Liu
Investor Relations at Actions Semiconductor
Tel: +86-21-5080-3900 x1211
Email: jimmy@actions-semi.com
