Dual-Core Chipset targets entry-level tablets.

Press Release Summary:



Combining ARM® Cortex™ dual-core CPU, PowerVR GPU core from Imagination Technologies, built-in full spec 1080p video encode/decode engine, and 1080p HDMI Tx integration, Model ATM7021 brings multimedia capabilities to entry level tablets. Chipset supports Android™ 4.2.2 Jelly Bean operating system and includes LPD Gen II architecture to extend battery life.



Original Press Release:



Actions Semiconductor Introduces Second Generation Dual-Core OWL Series Chipset



ZHUHAI, China, -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), 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 introduction of its new ATM7021 chipset.



Actions' ATM7021 chipset is the second generation dual-core product which supports the Android(TM) 4.2.2 Jelly Bean operating system.  With the ARM® Cortex(TM) dual-core CPU and powerful, world-class PowerVR GPU core from Imagination Technologies, the built-in full spec 1080p video encode and decode engine and 1080p HDMI Tx  integration, ATM7021 brings advanced performance and multimedia capabilities to entry level tablets.  Also, the unique LPD Gen. II architecture in ATM7021 provides for longer battery life.



"Actions Semiconductor is pleased to announce the new ATM7021 chipset, our second generation dual-core product.  Our product roadmap for the OWL chipset family addresses the needs of each segment of the tablet market, and this latest addition further expands our market position in the mobile Internet enabled multimedia segment," stated Dr. Zhenyu Zhou, CEO of Actions Semiconductor. 



"We expect dual-core SoC to dominate the entry level whitebox tablet market in the near future, and ATM7021 offers a powerful, world class GPU at a very compelling price point.  We are excited about the opportunities for ATM7021 to rapidly gain share at the expense of single-core CPU based SoC, and expect it to make a meaningful contribution to revenue once sales ramp up in the fourth quarter of this year," concluded Dr. Zhou.



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 and Shenzhen.  For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com.

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