19 December 2008: Imagination Technologies – the leader in semiconductor System on Chip Intellectual Property (SoC IP) – supports the Digital Radio Working Group report published today which sets out a roadmap for the ongoing migration to digital radio in the UK.
The report sets out clear recommendations for a timetable for analogue radio to migrate to digital, which the Group believes is achievable by 2017. The report will now be considered by Lord Carter as a key aspect of the “”Digital Britain”” report due later this year.
Imagination’s multi-standard receiver and processor/DSP technologies technology is used in over 80% of DAB digital radios sold to date.
Hossein Yassaie, CEO, Imagination Technologies says: “”Imagination has a leading role in providing key technologies for this market. The adoption of DAB-based digital radio formats is increasing rapidly now in overseas markets such as Australia, Ireland Switzerland, Denmark, Norway and Malta and the UK should be proud of its leadership in digital radio. We are pleased with the Digital Radio Working Group report which moves the industry as a whole in a positive direction, with clear recommendations and targets for the inevitable migration of radio in the UK to digital””
The UK has led in the take up of DAB digital radio. There are more than 8 million digital radios in use in Britain today and 28.7% of adults have a DAB set at home. This number continues to grow rapidly with 16% year-on-year growth since 2004 and with 2.18 million DAB sales in the year to date.
About Imagination Technologies
Imagination Technologies Group plc (FTSE:IMG) – a leader in semiconductor System on Chip Intellectual Property (SoC IP) – creates and licenses market-leading embedded graphics, video, display and multi-threaded processors and multi-standard receiver technologies. These IP solutions are complemented by dynamic and extensive developer and middleware ecosystems. Target markets include mobile phone multimedia, handheld multimedia, home consumer entertainment, in-car and mobile computing.
Its licensees include leading semiconductor and consumer electronics companies, as well as innovative leading edge start-up and fabless semiconductor companies. Imagination has corporate headquarters in the United Kingdom, with sales and R&D offices worldwide. See: www.imgtec.com.
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