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Imagination and Actions strengthen partnership on MIPS CPUs

Shipping into new applications including robotics and 3D personal cinema headsets

London, UK and ZHUHAI, China, Oct. 17, 2016 – Imagination Technologies (IMG.L) and Actions Semiconductor Co., Ltd. (Nasdaq: ACTS) announce they are strengthening their long-term partnership around the MIPS architecture. Actions, one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (SoC) solutions for portable consumer electronics, recently renewed its license for a range of MIPS CPUs from entry-level to high-performance. With these IP cores, Actions is creating SoCs targeting smart living room, Wi-Fi/Bluetooth audio, multimedia audio and video products.

Dr. Zhenyu Zhou, CEO of Actions Semiconductor: "Working with MIPS CPUs and the strong ecosystem supporting them, Actions has achieved numerous generations of successful chipsets based on this highly flexible and efficient architecture. We are continuing to create new generations of MIPS-based SoCs, and we are seeing these devices successfully expanding into a range of new segments. We are delighted to extend our relationship with Imagination for future generations of MIPS-based chips."

Actions recently introduced the new MIPS-based V100 high-performance chipset for personal 3D cinema headsets which allows users to enjoy a high definition 3D big screen experience at anytime from anywhere. In addition, Actions' MIPS-based, highly integrated, high-performance, low-power ATS3603 SoC is being used in a new robot, which is entering mass production this month.

Says Jim Nicholas, EVP MIPS Processor IP, Imagination: "Actions has long been an important partner of Imagination, working closely with us around products incorporating MIPS CPUs and PowerVR GPUs. With its world-class IC design capability and focus on innovation, Actions is taking these products into emerging segments such as VR and robotics. We look forward to working closely with Actions as it brings new generations of differentiated SoCs to market."

Imagination offers a wide range of 32- and 64-bit MIPS CPUs: https://imgtec.com/mips/.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (SoC) solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The Company is headquartered in Zhuhai, China, with offices in Shanghai, Shenzhen, Hong Kong and Taipei. For more information, please visit the Actions Semiconductor website at
http://www.actions-semi.com.

About Imagination Technologies

Imagination is a global technology leader whose products touch the lives of billions of people across the globe. The company's broad range of silicon IP (intellectual property) includes the key processing blocks needed to create the SoCs (Systems on Chips) that power all mobile, consumer and embedded electronics. Its unique software IP, infrastructure technologies and system solutions enable its customers to get to market quickly with complete and highly differentiated SoC platforms. Imagination's licensees include many of the world's leading semiconductor manufacturers, network operators and OEMs/ODMs who are creating some of the world's most iconic products. See: www.imgtec.com.

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