ZHUHAI, China, Oct. 11, 2013 /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, today announced the Company will participate in Global Sources' China Sourcing Fair - Electronics & Components from October 12 to October 15 at the Asia WorldExpo in Hong Kong.
Actions plans to host an interactive booth (No. 2D01, Hall 2) at the Fair to showcase its latest products and solutions designed for tablets and multimedia devices. Dr. Zhenyu Zhou, Chief Executive Officer of Actions Semiconductor, will lead the Company's sales and marketing team to meet with existing and potential customers at the Fair.
"China Sourcing Fair is one of the leading industry tradeshows in the consumer electronics sector and is attended by thousands of sourcing managers and electronics manufacturers from around the world," Dr. Zhou said. "We are excited about our participation in this event, where we will showcase our complete product offering of tablet solutions, including the newest members of our OWL series tablet SoC family, ATM7039 and ATM7021, along with new, cutting edge multimedia products. We believe the quality, performance and price of our turnkey solutions will be well received by new and existing customers and business partners."
For more information on the Fair, visit http://www.globalsources.com/TRADESHOW/HONGKONG-ELECTRONICS.HTM?source=GSOLHP_LeftNavHKEC.
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.
"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 reception of the company's new products by customers and business partners. 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 third 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.
Elaine Ketchmere, CFA
Compass Investor Relations
SOURCE Actions Semiconductor Co., Ltd.
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