LAS VEGAS, NV--(Marketwire - Jan 7, 2013) - Sigma Designs® (NASDAQ: SIGM), a leading provider of system-on-chip (SoC) solutions for home entertainment, connectivity and converging multimedia delivery, today announced that it will demonstrate a 4K x 2K digital TV platform on a 55" inch screen at the Las Vegas Hotel Suite 2921 at CES 2013. This next generation Ultra HD display technology (UHDTV) is four times the resolution of today's high-definition televisions and is using Sigma Designs' MEMC/FRC (Motion Estimation Motion Compensation based Frame Rate Conversion) technology. Sigma's MEMC/FRC converts low frame rates to 120Hz or 240Hz frame rate by removing film judder so that content is displayed with smooth motion and high picture quality.
According to the December 19, 2012 report by Strategy Analytics the UHDTV market is "expected to surpass the 1-million-unit mark in 2015." Several TV OEMs have recently announced first generation 4K x 2K LCD television sets which set the trend for larger deployment; however the current available units are price inhibitive. Sigma's 4k x 2k digital TV platform is intended to provide a competitive solution to help make UHDTVs more affordable to the mass market.
Sigma Designs, a world-wide recognized leader in MEMC/FRC picture quality, is applying its core video processing technology and strength to develop 4K x 2K FRC devices to offer the best performance solution in the market while reducing the total cost of these TV sets. Sigma will demonstrate 4K x 2K MEMC and Super-resolution technology with 120Hz 4K x 2K panel at CES.
"Television screens have been constantly increasing in size, which in turn increases demand in display resolution to maintain the same pixel density and sharpness," said Mustafa Ozgen, vice president and general manager home multimedia for Sigma Designs. "4K x 2K is the next resolution in the display and video processing technology curve for increased TV dimensions and increased picture quality, and Sigma has the best technology to power it."
This new technology is expected to enable TV OEMs to offer a new class of premium products which can shorten consumers' replacement cycle of previous generation LCD TVs that they purchased several years ago.
"We expect the 4K x 2K to become the new standard for high quality home entertainment by stimulating the TV industry and changing the way consumers look at high-resolution picture quality," Ozgen added.
About Sigma Designs
Sigma Designs, Inc. (NASDAQ: SIGM) is a world leader in connected media platforms. The company designs and builds the essential semiconductor technologies that serve as the foundation for the world's leading IPTV set-top boxes, DTV, connected media players, residential gateways, home control systems and more. For more information about Sigma Designs, please visit www.sigmadesigns.com.
Sigma Designs, Secure Media Processor, and the Sigma Designs logo are either registered trademarks or trademarks of Sigma Designs, Inc. and its subsidiaries in the United States and other countries. All other trademarks mentioned herein are believed to be trademarks of their respective owners.
Safe Harbor Statement
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, including statements about the anticipated features and benefits of the 4k x 2k platform and of Sigma's products and solutions, the ability of 4k x 2k technology to enable TV OEMs to offer a new class of premium products which can shorten consumers' replacement cycle of previous generation LCD TVs that they purchased several years ago, and the expectation that 4k x 2k will become the new standard for high quality home entertainment by stimulating the TV industry and changing the way consumers look at high-resolution picture quality. Actual results may vary materially due to a number of factors including, but not limited to, general economic conditions, including the rate of adoption of 4k x 2k technology and related products in general and Sigma's 4k x 2k media processors, Sigma's ability to deploy and achieve market acceptance for Sigma's products in its target markets, the ability of its SoCs to compete with other technologies or products in these markets as well as other risks that are detailed from time to time in Sigma's SEC reports, including its quarterly report on Form 10-Q as filed December 6, 2012. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Sigma undertakes no obligation to publicly release or otherwise disclose the result of any revision to these forward-looking statements that may be made as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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