Actel, Dae Jin Semiconductor Form New Korean Alliance; Growing Telecommunications Market To Benefit Immediately.SEOUL, Korea--(BUSINESS WIRE)--May 7, 1996--Actel Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ACTL ACTL American College of Trial Lawyers (Irvine, California) ACTL Access Carrier Terminal Location ACTL Activation Library ACTL Automated Compatibility Test Laboratory ACTL Association Cultural Turkey-Luxembourg ) upped its presence in the Korean FPGA (Field Programmable Gate Array) A type of gate array that is programmed in the field rather than in a semiconductor fab. Containing up to hundreds of thousands of gates, there are a variety of FPGA architectures on the market. market with the announcement today that it signed Dae Jin Semiconductor Co., Limited of Seoul, as a new distribution partner. "The partnership with Dae Jin Semiconductor represents a strategic alignment for Actel giving us a distributor that is well known and respected in Korea's fast-growing telecommunications market. The benefits of this alliance to this critical segment of the Korean FPGA market will be immediate," said E. Patrick Ellington, director, PanAsia Sales & Marketing, Actel Corp. Founded in 1986 as Dae Jin Technology, an engineering consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a to Korea's ETRI ETRI Electronics & Telecommunications Research Institute (Korea) ETRI Enhanced Threat Reduction Initiative ETRI Electronics Telecommunication Research Inc. ministry, Dae Jin has since become a full-service distributor, representing major semiconductor suppliers such as SGS SGS Société Générale de Surveillance SGS Symantec Gateway Security (appliance) SGS School of Graduate Studies SGS Subgrid Scale SGS Singapore Government Securities SGS Shell Global Solutions Thomson, Texas Instruments See TI. (company) Texas Instruments - (TI) A US electronics company. A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. , Hyundai, and Daewoo. The company is a dominant distributor in Korea's telecommunications market with 1996 sales expected to surpass $50 million (US). "We are extremely happy with this partnership," exclaimed Ellington. "Dae Jin places great emphasis on forging relationships with the key engineering departments of major Korean companies. These relationships are of tremendous important and will aid our efforts to capture critical design wins in Korea," Ellington explained. Dae Jin's familiarity with Actel products was critical to the formation of the new alliance. Dae Jin has been an authorized distributor for Texas Instruments since 1986 and ranked first in resales for TI's entire distribution network in 1995. Because TI had second source licensing agreements with Actel from 1988 through early 1995, Dae Jin was authorized to sell Actel-licensed FPGA products. Over the past 10 years, they have developed a familiarity with FPGA products and a strong association with companies that require FPGAs. "FPGAs play a very critical role in Korea's electronics market," explained C.P. Kwok, vice president/managing director, Dae Jin Semiconductor. "Our telecom market, for instance, will double in less than three years. FPGAs will prove essential in getting products to market quickly and ahead of the global competition. Actel's FPGAs provide designers with logic devices that are critical to time-to-market issues," he said. About Actel Actel Corp. is dedicated to providing logic designers the capability and confidence to move up to higher complexity designs. Actel is the world's leading manufacturer of antifuse-based field programmable gate arrays (FPGAs) and associated software development tools. Actel's cost-effective antifuse architecture offers designers advantages in total system performance, gate utilization and high level design efficiencies, all resulting in lower development costs and faster time to market. FPGAs are used in voice and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , computing, medical and industrial controls, and military and aerospace applications world wide. Actel is traded on the NASDAQ market using the symbol ACTL and is located at 955 E. Arques Ave., Sunnyvale, CA 94086. Telephone: 408/739-1010. Internet address There are two kinds of addresses that are widely used on the Internet. One is a person's e-mail address, and the other is the address of a Web site, which is known as a URL. Following is an explanation of Internet e-mail addresses only. For more on URLs, see URL and Internet domain name. : http://www.actel.com CONTACT: Actel Corp. Patrick Ellington, 408/522-4267 (reader contact) Chuck Byers, 408/522-4598 (media contact) cbyers@actel.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion