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ACTS Actions Semiconductor Co., Ltd. ADS, Each Representing Six Ordinary Shares

2.14
0.00 (0.00%)
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Last Updated: 01:00:00
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Share Name Share Symbol Market Type
Actions Semiconductor Co., Ltd. ADS, Each Representing Six Ordinary Shares NASDAQ:ACTS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.14 2.15 2.76 0 01:00:00

Actions Launches Single-Chip Bluetooth 4.0 Multimedia Solution

06/01/2015 12:30pm

PR Newswire (US)


Actions Semiconductor Co., Ltd. ADS, Each Representing Six Ordinary Shares (NASDAQ:ACTS)
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ZHUHAI, China, Jan. 6, 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 the launch of its new chipset, the ATS282X, an RF and audio processing integrated single-chip SoC for mid- to high-end Bluetooth stereo speakers, boomboxes and headphones.

Actions' ATS282X chipset is a high performance, single-chip Bluetooth 4.0 dual mode solution that integrates MCU, DSP and RF on a single-chip, is compatible with Bluetooth V2.1, V3.0 and Bluetooth Low Energy (BLE) systems and supports Android and IOS operating systems simultaneously. As the first single-chip Bluetooth 4.0 dual mode solution launched among China IC design companies featuring superior audio performance, greater stability and a single-chip integrated design, it is a very attractive and competitive offering for the mid- to high-end Bluetooth voice and audio market.

The ATS282X includes a variety of serial controllers supporting I2S, I2C,SPDIF TX, SPI, UART, PWM, internal LED/segment LCD hardware and software driver, internal Aux in and Dual microphones, internal touch key and remote control, and an internal RTC circuit that supports clock, alarm and calendar functions. The ATS282X features an internal echo cancellation and noise suppression algorithm, while Bluetooth BLE support allows for improved energy efficiency and a longer battery life.

"The latest addition to our family of Bluetooth 4.0 chipsets, the ATS282X, combines an integrated solution with a high quality stereo experience and low power consumption at a very attractive BOM cost. We are excited to showcase this new product at the International CES 2015 and believe that it will garner a great deal of attention from mid- to high-end Bluetooth stereo speaker, boombox and headphone manufacturers," said Dr. Zhenyu Zhou, CEO of Actions Semiconductor. "The Bluetooth voice and audio market is experiencing explosive growth, with shipments expected to reach more than 20 million units per month in 2015. We believe leading edge products such as the ATS282X, along with our dominant position in the non-apple portable audio and video market, will allow us to carve a healthy share of the mid- to high-end of this fast growing market."

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 reception of the company's new ATS282X chipset with Bluetooth stereo speaker, boombox and headphone manufacturers and its ability to carve a healthy share of the mid- to high-end Bluetooth voice and music market. 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 could cause actual results to differ materially and adversely from those expressed in any forward-looking statement. The risks and uncertainties referred to above include, but are not limited to, future prospects and results of operations, and current market and economic conditions, as well as such other factors described in the Company's filings with the SEC. 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

Compass Investor Relations

Actions Semiconductor

Eketchmere@compass-ir.com

investor.relations@actions-semi.com

+1 310-528-3031

+86-756-3392353*1018

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/actions-launches-single-chip-bluetooth-40-multimedia-solution-300016248.html

SOURCE Actions Semiconductor Co., Ltd.

Copyright 2015 PR Newswire

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