Actions Semiconductor chip shipment takes global lead
Written by Administrator
Thursday, 21 December 2006
BEIJING, Dec. 21 (InfoChina) -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), a leading chip maker for portable consumer electronics, ranks first globally in terms of MP3 chip shipment, according to Xinhua-run Shanghai Securities News.
Despite that Actions Semiconductor has been involved in IPR infringement lawsuit with US-based SigmaTel over the past months, the company realized a record high sales revenue in 3Q as a result of large shipments. And the company estimates its shipment in 2007 will increase by 30-40 percent from 2006, according to a source with the company.
When interviewed by the Shanghai-based newspaper, company CEO, Ye Nanhong said that it’s common for IPR lawsuit to happen in the IC industry and the company has reinforced its efforts in this aspect.
Ye also expressed his hope that the company is willing to cooperate with other world-leading industry players.
On the multimedia consumer market, Ye seems to be positive about the market prospects.
“The multimedia electronic market has many fields to develop, and the company has been focusing on new opportunities that could turn up on audio and video products”, Ye said, adding that the company will speed up its efforts on high-end products.
He also said the momentum of rapid industry growth has slowed down, which means a higher entrance threshold for newcomers, and the current industry players can consolidate their industry position through innovation. (Edited by Chen Dongyi,
)
China Stock News 
