Microtune and Samsung Electro-Mechanical Form Strategic Supply Relationship
PLANO, Texas--([ BUSINESS WIRE ])--[ Microtune®, Inc. ] (NASDAQ: TUNE)today announced that it has entered into a strategic supply agreement with [ Samsung Electro Mechanical Co., Ltd. (Samsung) ]. Microtune is shipping its high-performance tuners which are currently deployed by Samsung Electro Mechanical Co. in production-ready, modular electronics subsystems for digital television (DTV) product lines.
"This strategic supply agreement reinforces the long-standing working relationship between Samsung and Microtune. The combination of Samsung's systems expertise and our silicon tuners results in RF electronics engineered to bring consumers an exceptional digital TV picture and audio experience"
Microtune, [ inventor of the patented single-chip TV silicon tuner ], supplies radio frequency (RF) and digital signal components, including tuners, demodulators and receivers, to the worldwide digital televisions markets. The Company's customer-hardened products, recognized for their superior performance and reliability, enable television manufacturers to deliver high-quality off-air and cable reception in DTVs across global standards and product lines.
Samsung Electro Mechanical Co. is a leading electronic parts and components manufacturer serving worldwide customers. Headquartered in Suwon, South Korea, the company is focused on digital products based on high-frequency engineering and design technologies. It is a key supplier to its flagship sister company, Samsung Electronics Co., Ltd. as well as to other manufacturers.
"This strategic supply agreement reinforces the long-standing working relationship between Samsung and Microtune. The combination of Samsung's systems expertise and our silicon tuners results in RF electronics engineered to bring consumers an exceptional digital TV picture and audio experience," said [ James A. Fontaine ], Microtune's CEO and President. "Our single-chip tuners, with their small form factor, high-performance and support of worldwide TV reception standards, enable Samsung to simplify its designs for the global marketplace, to reduce the size and weight of its components, and to achieve higher throughput in the manufacturing process."
MICROTUNE AT 2010 [ INTERNATIONAL CES ]
Microtune will be displaying its suite of silicon products for the [ digital television market ] in its invitation-only suite at the Las Vegas Hilton during the International Consumer Electronics Show in Las Vegas, NV, January 7-10, 2010. The Company will showcase products featuring its [ MicroTuner™ single-chip tuners ] and [ demodulators ], including demonstrations of its newest class of product, the [ MicroCeiver™ MT3141 receiver ] for global integrated DTV designs. A Samsung HD digital television, integrated with Samsung Electro Mechanical's MicroTuner-based subsystem, will be a highlight of the suite. For more information about the Company's products or to arrange a meeting at its CES hotel suite, please contact Microtune.
CAUTIONARY LANGUAGE
This press release may contain forward-looking statements based on Microtune's current expectations. These forward-looking statements involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those described in the forward-looking statements. For a discussion of described factors that could impact Microtune's financial results and cause actual results to differ materially from those in the forward-looking statements, please refer to Microtune's filings with the SEC. Microtune disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
ABOUT MICROTUNE
Microtune, Inc. is a receiver solutions company that designs and markets advanced radio frequency (RF) and demodulator electronics for worldwide customers. Its products, targeted to the cable, digital television and automotive entertainment markets, are engineered to deliver high-performance and reliable video, voice and data signals across a diverse range of end products, from HDTVs, set-top boxes and cable modems to car radios. Microtune is headquartered in Plano, Texas, with key design and sales centers located around the world. The website is [ www.microtune.com ].
TRANSLATIONS
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EDITOR'S NOTE:
Microtune is a registered trademark and MicroTuner and MicroCeiver are trademarks of Microtune, Inc. Copyright © 2010 Microtune, Inc. All rights reserved. All other trademarks are the property of their respective holders.