NXP Elected as New Member of the Steering Board of the Digital Radio Mondiale Consortium
(PR Web Via Acquire Media NewsEdge) Eindhoven, Netherlands (PRWEB) April 06, 2012
NXP Semiconductors N.V. (NASDAQ: NXPI) today announced that the company has been newly elected as a member of the Steering Board of the Digital Radio Mondiale (DRM) Consortium. Ron Schiffelers, director of program management at NXP Semiconductors, will be representing NXP on the governing body of the organization. Elections for all DRM positions and bodies take place every two years at the DRM General Assembly. The Consortium is an international not-for-profit organization joining broadcasters, network providers, transmitter and receiver manufacturers, universities, broadcasting unions and research institutes. Its aim and objective is to make the DRM standard not only respected and accepted, but also widely known at a regional, national and international level.
Ruxandra Obreja, Chairman of the DRM Consortium, said, “NXP is well known in the industry as the world’s leading supplier of car entertainment semiconductors. We are very pleased to have Ron Schiffelers with us on the Steering Board. As a manufacturer of DRM solution for vehicles, NXP has contributed significantly to ensure that DRM is not just a theoretical proposition, but is now on the verge of becoming a mass market standard in the consumer electronics and automotive sectors.”
NXP has been an active member of the DRM Consortium for more than ten years. Recent activities of the Consortium and NXP have included a very successful DRM event at the Consumer Electronics Show, Las Vegas, in January 2012. On that occasion, they jointly unveiled NXP’s new car radio platform for DRM reception. The newly introduced car entertainment product was the first automotive-qualified global multi-standard digital radio co-processor to include Digital Radio Mondiale (DRM). It covers automotive digital radio for the three major global standards – DRM, HD radio and DAB/DAB+/T-DMB – on the same co-processor, the SAF356X.
DRM digital radio is a global open standard currently being implemented in emerging markets such as India and Russia. It provides FM-comparable audio quality on the AM radio band. AM covers 98% of the population in India, where only 37% of listeners can currently receive the FM signal. DRM enables digital radio to be rolled out across large countries, significantly improving audio quality at a low cost. The demonstration of NXP’s automotive-qualified DRM platform at CES was regarded in the industry as the next major milestone in introducing Digital Radio Mondiale in India and other big markets.
• DRM Consortium news: http://www.drm.org/news_home
• DRM car radio solution at CES 2012: NXP and DRM Consortium demonstrate Digital Radio Mondiale reception platform for car entertainment at CES - January 09, 2012
• Further information on NXP’s DRM solution: http://www.nxp.com/products/automotive/multi_standard_digital_radio/
• NXP connects the car: http://www.nxp.com/connected-mobility
Digital Radio MondialeTM (DRM) is the universal, openly standardised digital broadcasting system for all broadcasting frequencies below and above 30 MHz, including LW, MW, SW, band I, II (FM band) and band III.
DRM provides digital sound quality and the ease-of-use that comes from digital radio, combined with a wealth of enhanced features: Surround Sound, Journaline text information, Slideshow, EPG, and data services.
DRM on short, medium and long wave for broadcasting bands up to 30 MHz (called 'DRM30') provides large coverage areas and low power consumption. The enhancement of the DRM standard for broadcast frequencies above 30 MHz ('DRM+') uses the same audio coding, data services, multiplexing and signaling schemes as DRM30 but introduces an additional transmission mode optimized for those bands.
About NXP Semiconductors
NXP Semiconductors N.V. (NASDAQ: NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 25 countries, NXP posted revenue of $4.2 billion in 2011. Additional information can be found by visiting http://www.nxp.com.
This document includes forward-looking statements which include statements regarding NXP’s business strategy, financial condition, results of operations, and market data, as well as any other statements which are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. These factors, risks and uncertainties include the following: market demand and semiconductor industry conditions; the ability to successfully introduce new technologies and products; the end-market demand for the goods into which NXP’s products are incorporated; the ability to generate sufficient cash, raise sufficient capital or refinance corporate debt at or before maturity; the ability to meet the combination of corporate debt service, research and development and capital investment requirements; the ability to accurately estimate demand and match manufacturing production capacity accordingly or obtain supplies from third-party producers; the access to production capacity from third-party outsourcing partners; any events that might affect third-party business partners or NXP’s relationship with them; the ability to secure adequate and timely supply of equipment and materials from suppliers; the ability to avoid operational problems and product defects and, if such issues were to arise, to correct them quickly; the ability to form strategic partnerships and joint ventures and to successfully cooperate with alliance partners; the ability to win competitive bid selection processes to develop products for use in customers’ equipment and products; the ability to successfully establish a brand identity; the ability to successfully hire and retain key management and senior product architects; and, the ability to maintain good relationships with our suppliers. In addition, this document contains information concerning the semiconductor industry and NXP’s business segments generally, which is forward-looking in nature and is based on a variety of assumptions regarding the ways in which the semiconductor industry, NXP’s market segments and product areas may develop. NXP has based these assumptions on information currently available, if any one or more of these assumptions turn out to be incorrect, actual market results may differ from those predicted. While NXP does not know what impact any such differences may have on its business, if there are such differences, its future results of operations and its financial condition could be materially adversely affected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak to results only as of the date the statements were made. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements after we distribute this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in our SEC filings. Copies of our SEC filings are available from on our Investor Relations website, http://www.nxp.com/investor or from the SEC website, http://www.sec.gov.
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