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

ZHUHAI, China, Aug. 15, 2016 /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, announced today that its wholly-owned subsidiary Actions Technology (Zhuhai) ("Actions Technology") has released the V100, a high performance chipset for personal 3D cinema headsets. 

The V100 is a versatile, all-in-one solution tailored for 3D movie watching applications. The V100 integrates a MIPS32 processor together with a compact integrated video engine, display subsystem and audio engine to deliver an immersive 3D video experience. It supports up to 1280x800@60fps LCD display and all standard video decoding playback capabilities which includes H.264 FHD 1080P@30fps video decoder. The V100 features DDR2/DDR1 DRAM, SPI NOR, NAND Flash Controller with max 40-bit ECC, integrated RGB and LVDS LCD interface, built-in stereo 20-bit DAC and 20mW power amplifier for headphones. The V100 offers rich interfaces such as USB 2.0, SDIO and integrates several regulators to maximize power efficiency and reduce residual heat.

"Our latest solution for personal 3D cinema headsets allows users to enjoy a high definition 3D big screen experience at any time from anywhere, and can be used in applications beyond entertainment such as commercial advertising. The V100 combines MIPS + DSP flexible and efficient architecture, a powerful video engine, high quality 3D surround sound and power efficiency to deliver an engrossing and immersive 3D movie watching experience. With its leading edge features and attractive price-to-performance ratio, we believe the V100 is the optimal choice for manufacturers of entry-level, wearable 3D viewers," said Dr. Zhenyu Zhou, CEO of Actions Semiconductor.

About Actions Technology (Zhuhai)

Actions Technology is a wholly owned subsidiary of Actions Semiconductor Co. Ltd. and focuses on solutions for smart handheld and smart home devices. Its main products are tablets, Bluetooth-enabled boom box solutions and virtual reality device solutions, along with total product and technology solutions based on the Android platform. These products feature high performance, low power multi-core CPUs and GPUs, supporting high resolution displays and wireless connectivity. Actions Technology currently has nearly 500 employees, 425 of whom are engineers. Among these engineers, more than half have over three years of research and development experience. Actions Technology is ranked among the first in terms of engineering talent, project experience and product quality within the IC design industry in China.

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 outlook for its new V100 chipset, customer acceptance of the Actions Semiconductor's new products and corresponding increases in market share and Actions Semiconductor's belief that it is positioned to capture some upside from its new products.  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 may cause Actions Semiconductor's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on fourth parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Other unknown or unpredictable factors also could have material adverse effects on Actions Semiconductor's future results, performance or achievements. 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.

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SOURCE Actions Semiconductor Co., Ltd.