Actions Semiconductor Co., Ltd., one of China’s leading fabless semiconductor companies, has entered into a distributor agreement with GMI Technology Inc.
The agreement, effective 8 December 2006, establishes Actions as the exclusive supplier of SoC’s (system-on-chip solutions) to GMI, a leading Asian distributor whose major vendors include Freescale, Realtek, and Toshiba. Upon entering this agreement, GMI will only ship Actions’ products, and no longer ship products containing SoC’s manufactured by competitors.
“As a leading semiconductor distributor in Asia, delivering the best available products to our customers is a top priority for our company,” says Lewis Lo, the President of GMI Technology Inc. “Meeting customers’ stringent demands, Actions’ products are highly innovative and have an unbeatable price-to-performance ratio. Actions’ success in continued innovation and meeting market demand is further evidenced by their success with their new Series 7500 products. Furthermore, we value their open platform, total solution approach, and a high level of customer service. We look forward to further collaboration with Actions.”
“We are excited to have GMI join our global distribution network,” adds Nan Horng Yeh, the CEO of Actions Semiconductor. “This agreement follows suit with our recently announced partnership with World Peace, and represents a milestone in our global marketing strategy. Looking forward, we will continue to enhance our total solutions and ally with more downstream and upstream partners.”