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01-29-2007
DVi and Coby Electronics
Partner to Launch MP3 Players in U.S. Featuring Actions Semiconductor's
Series 7500
HONG KONG, January
29, 2007 - Digital Vision, Inc. (DVi) and Coby Electronics
Co., Ltd. today announced the introduction of the industry's first
MP3 player featuring Actions Semiconductor's leading technology,
the Series 7500 chipset. The products will be shipped to the U.S.
market under the Coby brand.
"We are excited to be the first to deliver products
integrating Actions' industry leading Series 7500 chipset to the
United States," stated Pete Andreyev, Chairman of DVi. "In the fast-paced
consumer electronics business time-to-market and innovation is critical
for solution providers, and more important, to our end-user customers."
"In our view, the partnership with Coby and DVi
is a major milestone for Actions, as we are penetrating the United
States' brand name electronics market," commented Mr. Nan-Horng
Yeh, Actions' CEO. "Coby's decision to utilize our Series 7500 chipset
for its solutions shipped to the U.S. affirms their confidence in
the integrity of our products. Our numerous OEM and design house
partners are working diligently to develop new solutions based on
our Series 7500 technology, to be introduced to key target markets.
We are grateful to our valued partner DVi for enabling the win at
Coby and assisting us with additional design wins."
The Series 7500 product family was designed for
the U.S. market and is not affected by a recent Limited Exclusion
Order (LEO) prohibiting the sale of our Series 207x , 208x & 209x
chipsets in the U.S.
About Digital Vision Inc.
Digital Vision Inc. (DVi) is a leading Consumer Electronics (CE) company with over ten years of experience. DVi's vision is to be an industry leader in supplying innovative turnkey solutions and major components for the digital video and audio markets via OEMs, ODMs, system integrators and retailers. DVi is a leader in supplying turnkey solutions and major components for the Digital Video and Audio consumer electronics markets. Additional information can be found at www.dvi.com.hk.
About Coby Electronics
Coby Electronics Corporation is a manufacturer of quality consumer
electronics products. Since its inception in 1990, Coby has risen
through the ranks of the consumer electronics industry. Coby is
focused on offering innovative, feature-rich products and solutions
that are consistent market share leaders. Within the past decade,
Coby's team of inventors, engineers, and designers have earned a
number of U.S. patents and design awards. Additional information
can be found at www.cobyusa.com.
About Actions Semiconductor
Actions Semiconductor Co., Ltd., is a world class IC design company
established in 2001 ((Nasdaq: ACTS) with a staff of over 400 in
China, Hong Kong, Taiwan and Silicon Valley. Actions is the #1 fabless
IC company in China and dominates the "Non-Apple" Multi-Medium System-on-Chip
market worldwide. Their business covers IC design, manufacturing,
solution development, testing and sales. Additional information
can be found at www.actions-semi.com.
# # #
For More Information
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Actions Semiconductor:
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Suzanne Craig or Lisa Laukkanen
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Chung Hsu or Calvin Lau
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The Blueshirt Group for Actions Semiconductor
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Investor Relations at Actions
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Semiconductor suzanne@blueshirtgroup.com or
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chung@actions-semi.com or
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lisa@blueshirtgroup.com
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calvin.lau@actions-semi.com
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+1-415-217-4962 or
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+86-756 3392 353 *1015 or
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+1-415-217-4967
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+86-756 3392 353 *1018
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