SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rockwell-Spins off Conexant (CNXT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sun Tzu who wrote (1760)11/1/2000 8:40:54 AM
From: MeDroogies   of 2013
 
Amoisonic Chooses Conexant's MFP Solution to Expand Into PC Peripherals Market

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Oct. 31, 2000--Conexant Systems,
Inc. (Nasdaq:CNXT) Tuesday announced that Amoisonic Electronics Co., Ltd.,
China's leading manufacturer of digital video, audio and consumer communication
products, has chosen Conexant's MFC 1000 multifunction peripheral (MFP) chipset
solution to power the new SohoMate office computer peripherals equipment line.

Amoisonic is the first company in China to implement this solution into a locally
originated design.

"China's PC market has been growing rapidly over the past few years, leading to
accelerated growth in the peripherals market with a forecast of increased small
business and consumer sales moving forward," said Kevin Strong, senior vice
president and general manager for Conexant's Personal Imaging Division.

"Our MFC 1000 single-chip design enables manufacturers to quickly and easily
develop high-performance products and enter the growing MFP marketplace. By
reducing the development cost and time-to-market, our customers will be able to
gain a competitive edge in their market segment."

"With nearly 20 years of manufacturing video, audio and communication products,
we have decided to expand our business by developing a new computer peripherals
product line," said Li Xiaozhong, president of Amoisonic Electronics Co., Ltd.

"In order to break into a new market, we must provide high-quality products. With its
industry-leading experience, expertise in modem and image processing
technologies and unrivaled support services, Conexant is naturally our choice."

The SohoMate series design is based on Conexant's MFC 1000, a complete,
system-on-a-chip solution including hardware, firmware and software from PC
drivers to desktop application-level solutions. The solution includes a MFC 1000
controller, inkjet printer interface ASIC, scanner, control panel, IEEE 1284 interface
for a PC connection and an interface for memory.

Amoisonic's SohoMate series provides a total paper document solution for the
small office and home office market. The initial models are the MFP-9901 and the
MFP-9003, 7-in-1 and 3-in-1 multi-function office packages. The MFP-9901 delivers
color inkjet printing, photocopy, scan, plain paper fax, PC fax, telephone and
answering machine.

The economical MFP-9003 meets the essential inkjet printing, photocopy and
scanning needs of home offices. The MFP-9901 and the MFP-9003 models are
available now in China. The company also plans to develop products based on this
design for the international market and OEM business.

Amoisonic is also currently developing a new design based on Conexant's MFC
2000 next-generation multi-function peripheral solution, which enables advanced,
full-color image processing.

For more than 30 years, Conexant has been a leading supplier of fax/modem
devices. With more than one million V.34-compliant fax modems shipped, Conexant
leads the industry in fax-enabled solutions, and powers three out of every four fax
machines worldwide.

About Amoisonic Electronics

Established in August 1981 as the first joint venture of Xiamen Special Economic
Zone, Amoisonic Electronics is China's leading manufacturer of digital video, audio
and consumer communication products. Its five product lines include CD-ROM
drives, home theatre systems, cordless telephones, GSM handsets and computer
peripherals.

For five consecutive years it has been the largest manufacturer and supplier of
VCRs in China. Amoisonic Electronics Co., Ltd. has been listed in the Shanghai
Stock Exchange since 1997. At present its registered capital is RMB 358 million and
its total assets have reached RMB 1,185,700,000. For more information on
Amoisonic, visit www.amoisonic.com.cn.

About Conexant Systems, Inc.

With revenues of $2.1 billion in fiscal 2000, Conexant is the world's largest
independent company focused exclusively on providing semiconductor solutions for
communications electronics. With more than 30 years of experience in developing
communications technology, the company draws upon its expertise in mixed-signal
processing to deliver integrated systems and semiconductor products for a broad
range of communications applications.

These products facilitate communications worldwide through wireline voice and
data communications networks, cordless and cellular wireless telephony systems,
personal imaging devices and equipment, and emerging cable and wireless
broadband communications networks.

The company organizes its activities into two business areas: Internet infrastructure,
which consists of the Network Access Division, and personal networking,
comprised of the Digital Infotainment, Personal Imaging, Wireless Communications
and Personal Computing divisions. Conexant is a member of the S&P 500 and
Nasdaq-100 Indices.

For more information, visit Conexant at www.conexant.com.

Safe Harbor Statement

This news release contains statements relating to future results of the company
(including certain projections and business trends) that are "forward-looking
statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual
results may differ materially from those projected as a result of certain risks and
uncertainties. These risks and uncertainties include, but are not limited to: global
and market conditions, including, but not limited to, the cyclical nature of the
semiconductor industry and the markets addressed by the company's and its
customers' products; demand for and market acceptance of new and existing
products; successful development of new products; the timing of new product
introductions; the availability and extent of utilization of manufacturing capacity;
pricing pressures and other competitive factors; changes in product mix; fluctuations
in manufacturing yields; product obsolescence; the ability to develop and implement
new technologies and to obtain protection for the related intellectual property; the
successful implementation of the company's diversification strategy; labor relations
of the company, its customers and suppliers; and the uncertainties of litigation, as
well as other risks and uncertainties, including but not limited to those detailed from
time to time in the company's Securities and Exchange Commission filings. These
forward-looking statements are made only as of the date hereof, and the company
undertakes no obligation to update or revise the forward-looking statements,
whether as a result of new information, future events or otherwise. Other brands and
names contained in this release are the property of their respective owners.

--30--NK/np* EZ/np

CONTACT: Conexant Systems, Inc., Newport Beach

Lisa Thielmann Briggs, 949/483-1148 lisa.briggs@conexant.com

or

Benjamin Group/BSMG Worldwide
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext