ZHUHAI, China, March 31, 2015 /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
its wholly owned subsidiary, Actions Technology (Zhuhai) ("Actions
Technology") released a new open source platform SoC, the S500,
along with a reference design platform, the ActDuino S500,
targeting the Android and Linux open source platform markets for a
wide range of smart connected products, including digital display
signage, kiosks, netbooks based on Android, pico projectors,
children's educational devices, robot toys, and other
differentiated consumer electronics.
The S500 is an open platform quad-core 32-bit SoC featuring a
highly integrated design, high-performance computing, low-power
consumption, low-cost, and robust peripherals. Based on 28nm
process technology, the S500 SoC integrates a quad-core ARM
Cortex-A9R4 processor with NEON SIMD co-processor and Imagination
PowerVR SGX544 GPU. The S500 SoC provides powerful performance and
supports 2K @ 60fps (1920 Ă— 1200) LCD + 1080P HDMI dual-screen
output and all standard video decoding playback capabilities. In
order to serve the diverse needs of the open source market, the
S500 SoC has rich peripheral interfaces, providing customers with
convenient expansion needs, and integrates with Multi-USBs, I2C,
SPI, UART, I2S, PCM, SPDIF, MIPI DSI / CSI, HDMI, Ethernet and
other ports.
The ActDuino S500 open source reference design platform supports
the Android 5.0 Lollipop, Linux and Ubuntu operating systems. It
includes a hardware reference design schematic and board layout
diagram supplemented by abundant tools, documents, and other
necessary resources to help Actions Technology's partners quickly
introduce new customized solutions in a cost effective way, in
addition to creating their own development boards geared toward
makers and individual hobbyists.
"Given insatiable consumer demand for smart connected devices
and innovative IoT solutions, we expect software developers to be
excited by the S500 SoC and ActDuino S500 reference design
platform. Utilizing 28nm process technology with an ARM quad-core
Cortex-A9 powerful CPU, Imagination PowerVR SGX544 GPU and all
standard high definition video decoding capabilities, our partners
can accelerate device innovation for distinctive intelligent
Android and Linux products using our open source SoC and
development platform," said Dr. Zhenyu
Zhou, CEO of Actions Semiconductor.
"We are pleased to provide support for the open source
intelligent hardware community with the launch of our new SoC and
reference design platform, along with our recent partnership with
Linaro as a founding member of the 96Boards initiative. The open
source community is vital to a healthy ecosystem, and our goal is
to ensure all developers have access to the most
cost-effective and best technology for the latest 32-bit and 64-bit
ARM architecture," Dr. Zhou concluded.
About Actions Technology (Zhuhai)
Actions Technology focuses on solutions for smart handheld and
smart home devices. Its main products are tablet, over-the-Top
("OTT") set-top boxes and Bluetooth enabled boombox solutions,
along with total product and technology solutions based on the
Android platform. These products feature high performance, low
power multi-core CPUs and GPUs, supporting high resolution displays
and wireless connectivity. Actions Technology currently has nearly
500 employees, 425 of whom are engineers. Among these engineers,
more than half have over three years of research and development
experience. Actions Technology is ranked among the first in terms
of engineering talent, project experience and product quality
within the IC design industry in China. Actions Technology is a wholly owned
subsidiary of Actions Semiconductor Co. Ltd.
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,
Shenzhen, Hong Kong and Taipei. 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 market
acceptance of its new open source solution and reference design
platform. 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
|
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SOURCE Actions Semiconductor Co., Ltd.