Samsung Creates Chipset for HD Radio Receiver

Samsung Electro Mechanics, a global leader in semiconductor, telecommunication, digital media and digital convergence technologies, announced that it plans to introduce a new chipset for use in portable and home HD Radio receivers. Samsung, which had previously become an iBiquity Digital IC development partner, anticipates that samples of the chipset will be available before the end of the 2007 with production anticipated for the first quarter of 2008.

The low-power, high-performance chip will be capable of supporting all current and planned HD Radio technology features. It is being designed and manufactured using advanced technology and features a System-in-Package (SIP) module and a CMOS, mixed-signal single-chip tuner. Target HD Radio applications include: mobile phones, portable media players, portable navigation devices, table radios and home audio-video components.

“The HD Radio receiver market has begun to take off, driving important production volume today and indicating tremendous potential in the HD Radio chip market in the future. We are excited to be working with iBiquity on the development of this next generation chipset,” said Jungsuk Han, Samsung spokesperson. “We believe the combination of the chip’s low cost and high performance capabilities will enable us to make a profound impact on the marketplace for HD Radio products. Additionally, the low power and small footprint of our solution will help bring HD Radio technology to mobile phones and portable media players.”

“Samsung is a world class player in IC design, manufacturing, and packaging,” said Jeff Jury, Chief Operating Officer, iBiquity Digital Corporation, developers of HD Radio technology. “Today’s announcement reflects the continuing momentum of the HD Radio rollout and represents a major step towards the introduction of the HD Radio system into a wide range of portable personal audio devices.”

About Samsung Electro Mechanics Co., Ltd.
Samsung Electro-Mechanics Co. Ltd. (SEM) was established in 1973 as a global venture company. SEM has been developing and delivering the parts and components the electronics industry depends on for Mobile Communications, Computer, Audio and Video and Internet and Network products. SEM is also a pioneer in the digital world with core digital technology, best quality and world-class management. SEM’s business structure is based on core digital parts and components, core materials development and network devices cultivated as world first-class products in a value evaluation.

About iBiquity Digital
iBiquity Digital Corporation is the developer of the HD Radio(TM) system, which is powering the AM/FM digital radio revolution. This transformational technology allows AM and FM stations to broadcast digital signals in tandem with their analog signals, providing broadcasters with a platform to offer multiple channels of programming on the same frequency (HD2 multicasting); crystal-clear, CD-quality sound; services such as real-time traffic updates; and text and graphics content. More than 1,200 HD Radio stations are on the air in the U.S., with more than 600 offering multicasting channels. HD Radio technology is now being tested and adopted in many countries outside the U.S., including Australia, Brazil, Canada, Indonesia, Mexico, New Zealand, Philippines, Poland, Switzerland, Thailand and Ukraine. iBiquity’s investors are global leaders in the technology, broadcasting, manufacturing, media and financial industries.