Actions Launches Leading-edge 64-bit 4K Chipset for Global OTT Set-top Box Market

ZHUHAI, China, Nov. 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 the GT7 chipset featuring 4K H.265 decoding, quad-core 64-bit CPU and quad-core GPU targeting the global over-the-top ("OTT") set-top box market.

The GT7 is a new generation, ultra-high performance solution featuring a quad-core ARM^® Cortex^TM A53 CPU and a high performance ARM quad-core Mali-450 GPU. The GT7 supports up to 4K Ultra HD decoding for the latest international standard - HEVC/H.265 video decoding and up to 1080P full HD decoding for nearly all video standards and formats.   It also supports Gigabit ethernet connectivity and USB3.0.  In addition to these advanced features, the GT7 employs 28nm process technology with Actions' Low Power Design Generation V technology, providing the most powerful, feature rich and low power product for OTT set-top box customers. The chipset supports both Android OS and the most prevalent OS in China's OTT market, Alibaba's YunOS for TV.  

"The home video entertainment industry has been undergoing dramatic change, with the market migrating from traditional DVD players and broadcast-based set-top boxes to Internet-based OTT set-top boxes, which are typically smarter, more interactive and provide cloud services beyond video. The industry is also experiencing an upgrade from full HD to ultra HD," said Dr. Zhenyu Zhou, CEO of Actions Semiconductor.  "The transition to 64-bit technology for mobile and cloud connected devices is accelerating rapidly, and we believe it will become the industry standard for OTT set-top boxes in 2016.  Leveraging our flagship 64-bit SoC launched at the International CES earlier this year, the ATM9009, we expect our newest 28nm 4K 64-bit chipset to be well received by the fast growing global OTT set-top box market."

The GT7 will be available for sample at the end of 2015.

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 GT7 chipset and the Company's expectations regarding 64-bit architecture becoming the industry standard in the global OTT set-top box market in 2016.  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, 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.

SOURCE Actions Semiconductor Co., Ltd.

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