Ambarella Inc., a the leader in low-power, high-definition video compression and image processing semiconductors, today announced that it has received an award for outstanding financial performance by a private semiconductor company from the Global Semiconductor Alliance (GSA) at its annual Awards Dinner Celebration held on Thursday, December 11, 2008 in Santa Clara, California.
“We are pleased to recognize Ambarella as a recipient of the Outstanding Financial Performance by a Private Semiconductor Company Award,” said Jodi Shelton, co-founder and executive director of GSA. “Ambarella has reached the financial milestone necessary to win this award and GSA wishes the company continued success.”
“We are honored to have been recognized by the GSA for our company’s financial performance,” said Dr. Fermi Wang, President and CEO of Ambarella. “Ambarella’s innovations for digital video and audio processing semiconductor have enhanced the television viewing and consumer personal video recording experience worldwide. We experienced great customer and market acceptance of our high-definition video compression and image processing products over the past years. We look forward to expanding and broadening our market presence in the years ahead.”
The Global Semiconductor Alliance (GSA) mission is to accelerate the growth and increase the return on invested capital of the global semiconductor industry by fostering a more effective ecosystem through collaboration, integration and innovation. It addresses the challenges within the supply chain including IP, EDA/design, wafer manufacturing, test and packaging to enable industry-wide solutions. Providing a platform for meaningful global collaboration, the Alliance identifies and articulates market opportunities, encourages and supports entrepreneurship, and provides members with comprehensive and unique market intelligence. Members include companies throughout the supply chain representing 25 countries across the globe. www.gsaglobal.org