SUNNYVALE, Calif., Sept. 9, 2011 /PRNewswire/ -- Trident Microsystems, Inc. (NASDAQ: TRID), a leading provider of set-top box and TV semiconductor solutions, today announced that its latest set-top box system-on-a-chip (SoCs) powers an advanced Android-based hybrid STB developed by LG CNS of South Korea.
Deog-Joo Won, vice president of LG CNS's Telecom and Media Business Unit commented, "LG CNS is pleased to collaborate with Trident for advanced Android solutions. Our experience with system software development and integration with the advanced Trident SoC delivers a compelling product that addresses emerging consumer requirements for more and more web-based content."
"Android offers a wealth of new opportunities and business models in the STB market and we are excited to be developing an advanced Android STB with LG CNS," said Mark Samuel, senior vice president and general manager of Trident's Set-top Box Business Unit. "The investments we have made in developing a robust Android STB solution allow LG CNS to offer the best features and performance, as well as a superior time to market."
Trident and LG CNS worked together to offer a system solution to enable service operators to provide products that merge traditional broadcast content, video-on-demand and IP-based content. Trident's ARM-based SoC solution supports the Android ecosystem, providing superior time to market and performance. Trident's support of the Android OS also allows service providers to offer business models with new apps and services for subscribers.
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About Trident Microsystems, Inc.
Trident Microsystems, Inc., with headquarters in Sunnyvale, California, is a leading force in the digital home entertainment market, delivering an extensive range of platform solutions that enhance the consumer experience in the Connected Home and select Consumer Electronics (CE) products. As one of the top-three semiconductor providers to both the TV and set-top box markets, Trident's solutions can be found in the products of leading OEMs and channel partners worldwide. The company's extensive IP portfolio has been driving key innovations in image quality, 3D TV, audio, low power, and 45nm designs. For further information about Trident and its products, please consult the Company's web site: www.tridentmicro.com.
About LG CNS
LG CNS, the leading IT services company in South Korea, provides total solution package in various fields of industry. LG CNS has implemented large-scale public IT infrastructure projects and played a major role in the Korean government's e-Korea initiatives. The company, founded in 1987 as a joint venture between LG and EDS, currently employs over 9,000 people across 7 subsidiaries in Asia, Europe, North America and etc. LG CNS provides over 5,000 businesses and governments across the world its expertise on a wide range of projects on diverse industry verticals ranging from Public sector, Telecommunication and media services, Financial Services, Manufacturing & Utilities and Transportation & Logistics among a host of others. For more information, please visit www.lgcns.com
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and there are important factors that could cause Trident's actual results to differ materially from those in the forward looking statements. These risks include the possibility that our products may not meet changing customer requirements, that revenues of our products could be delayed as a result of supply shortages or other production challenges, that customers may experience weak demand for their products, which would impact our revenue, and other risks and uncertainties related to the production and sale of our products. The forward-looking statements included in this press release are made only as of the date of this press release; Trident does not undertake any obligation to publicly revise or update any such forward-looking statement to reflect events or circumstances that may arise after the statement was made. Investors are cautioned not to place undue reliance on forward-looking statements. Additional information concerning factors that could cause results to differ can be found in the Company's filings with the Securities and Exchange Commission, including the Company's most recently filed Reports on Form 8-K, Form 10-K and Form 10-Q, which are available at http://www.sec.gov.
NOTE: Trident, Trident logo and MAP-X are either trademarks or registered trademarks of Trident Microsystems in the United States and /or other countries. NOTE: Trident and the Trident logo are either registered trademarks or trademarks of Trident Microsystems, Inc in the United States and/or other countries. All other names, brands, products or trademarks may be claimed as the property of their respective owners.
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