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Chips&Media Partners with Solomon Systech to Build Leadership Position in Projector Market

Seoul, Korea. –February 9, 2012 – Chips&Media, Inc.(“Chips&Media”), a leading company in silicon Intellectual Property (IP), announced today that Solomon Systech Limited (“Solomon Systech”), a leading semiconductor company providing display IC products and system solutions, has utilized the video-core technology of Chips&Media’s CODA7 series in its MagusCore™ platform designed for high-level portable devices.  Solomon Systech has started high-volume shipments of its SSD1938 targeting the projector market.

Incorporating the advanced Chips&Media HD video processing technology, Solomon Systech’s SSD1938 of the MagusCore™ family is an innovative cost-competitive SoC application processor with comprehensive multimedia capabilities, power-saving features, efficient memory, and user interfaces. MagusCore™ already has multiple proven applications in the market, such as Android-based portable multimedia players (PMP), projectors, IP cameras, car surveillance systems, DVRs, eReaders, digital TVs, personal navigation devices, and many other industrial applications. Solomon Systech is particularly interested in the projector market which shows surging demand and strong market potential.

“We see great potentials in the projector market in which we have established a strong base. We are confident that incorporating Chips&Media’s technology into our leading-edge MagusCore™ product will further strengthen our competitive edge, and enable us to build our leadership position in this thriving business segment,” said Kenny Cheung, Vice President, Business Operations of Solomon Systech.

The Chips&Media’s CODA7 series offers superior performance, excellent quality, and low power consumption while minimizing die size and costs, whose core also supports 1080p30 video decoding, 720p30 video encoding capability in multiple standards, including H.264, MPEG2/4/, H.263, WMV/VC-1, RMVB and AVS to bring rich entertainment experiences on portable devices. To date, the CODA7 series have been chosen by more than 25 SoC and OEM companies.

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