Last checked at 20 Jan 2009 09:00
Media Contact: Investor Contact:
Jonah McLeod Jason Tsai
ARC International Director of IR and Strategy
+1 408 437 3477 Silicon Motion Technology Corp.
Jonah.McLeod@arc.com (T) +1 408 519 7259
(F) +1 408 519 7101
E-mail: ir@siliconmotion.com
Media Contact: Investor Contact
Sara Hsu Selina Hsieh
Project Manager Investor Relations
Silicon Motion Technology Corp. (T) +886 3 552 6888 x2311
(T) +886 2 2219 6688 x3509 (F) +886 3 560 0336
(F) +886 2 2219 6868 ir@siliconmotion.com
sara.hsu@siliconmotion.com.tw
Silicon Motion Takes an ARC® License
To Target Digital Multimedia and Solid State Storage Devices
TAIPEI, Taiwan, SAN JOSE, Calif., and ST. ALBANS, England, January 20, 2009 - ARC International (LSE: ARK) announced that Silicon Motion Technology Corporation (NasdaqGS: SIMO) has taken a license to design ARC's IP into chips for high-volume consumer multimedia products such as mobile TV, portable media players and MP4 players, as well as flash memory and solid state storage devices.
Using ARC's configurable multimedia IP platforms, Silicon Motion determined they can rapidly design highly differentiated chips that cost less and operate more efficiently than alternative solutions. And utilizing ARC's technology across Silicon Motion's product portfolio can bring multimedia capabilities to consumers in new and exciting devices in a cost efficient way.
"Demand in digital multimedia has created a significant increase in consumer and embedded devices that allow users to view, store, share, and enjoy their pictures, video and digital music anytime and anywhere," said Wallace Kou, president and CEO of Silicon Motion. "ARC has been a good partner in delivering IP that we can differentiate to serve this growing market demand. We plan to leverage this new licensing agreement to extend our leadership by developing leading edge SoCs that efficiently process and store audio, video and data files, while reducing power consumption for portable applications."
"Silicon Motion is a valued customer that is at the forefront of creating solutions that enhance the consumer multimedia experience," said Carl Schlachte, president and CEO of ARC International. "This new license agreement is a testament to the complete solution we bring to our customers that include tools to quickly build a chip solution, as well as IP solutions that are more power efficient and can be implemented at lower cost than competitive offerings. We look forward to continuing our long term relationship with Silicon Motion."
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About Silicon Motion:
Silicon Motion Technology Corporation (NasdaqGS: SIMO) is a fabless semiconductor company that designs, develops and markets high performance, low-power semiconductor solutions for the multimedia consumer electronics market. We have three major product lines: mobile storage, mobile communications, and multimedia SoCs. Our mobile storage business is composed of microcontrollers used in NAND flash memory storage products such as flash memory cards, USB flash drives, SSDs, embedded flash applications, and card readers. Our mobile communications business is composed of mobile TV tuners, CDMA RF ICs, and electronic toll collection RF ICs. Our multimedia SoCs business is composed of products that support portable multimedia players, DAB systems, PC cameras, and embedded graphics applications.
For additional information on Silicon Motion, please visit: http://www.siliconmotion.com/.
About ARC International plc
ARC International is a world leading provider of consumer IP to OEM and semiconductor companies globally. ARC's award-winning, vertically integrated audio and video solutions enable high quality multimedia content to be captured, shared, and played on a wide range of electronics devices. ARC's 150+ customers collectively ship hundreds of millions of ARC-Based™ chips annually in products such as Mobile TVs, Portable Media Players, WiFi-/WiMAX-enabled computers, flash storage, digital cameras, network appliances, and medical and government systems.
ARC International maintains a worldwide presence with corporate and research and development offices in San Jose and Lake Tahoe, Calif., St. Albans, England, St. Petersburg, Russia, and Hyderabad, India. For more information visit http://www.arc.com. ARC International is listed on the London Stock Exchange as ARC International plc (LSE: ARK).
ARC and, ARC-Based are trademarks or registered trademarks of ARC International with the U.S. Patent and Trademark Office and other international trademark organizations. All other brands or product names contained herein are the property of their respective owners. This press release may contain certain "forward-looking statements" that involve risks and uncertainties, including the development, implementation, and release of features described herein. These are at the sole discretion of ARC International. Licenses from 3rd parties for certain software and essential patents may be required depending on licensee's use/implementation. For other factors that could cause actual results to differ, visit the company's Website as well as the listing particulars filed with the United Kingdom Listing Authority and the Registrar of Companies in England and Wales.