Partnership allows TV and set-top box vendors to deliver virtualized
immersive sound to consumers from any content
CALABASAS, Calif. & HSINCHU, Taiwan--(BUSINESS WIRE)--
DTS,
a global leader in high-definition audio solutions and a wholly owned
subsidiary of Xperi
Corporation (Nasdaq: XPER) ("Xperi"), is pleased to announce the
integration of DTS Virtual:X® post-processing technology in a
wide range of MStar Semiconductor's smart TV system-on-chip (SOC)
platforms. MStar's adoption of DTS Virtual:X technology allows TV
vendors to deliver stunning virtualized immersive sound to consumers
from any content. Televisions with DTS Virtual:X technology are expected
to be available in early 2018.
"We are excited to partner with the number one TV SOC provider, MStar,
to allow TV vendors to include DTS Virtual:X technology in their
products through MStar's SOC chipsets," said Joanna Skrdlant, general
manager, home audio, Xperi. "DTS Virtual:X technology continues to be
adopted by leading brands who wish to provide consumers an immersive
sound experience through sound bars, A/V receivers, and now, TVs. We
look forward to continuing this collaboration and working with TV OEM
partners to deliver the DTS Virtual:X experience to consumers."
Eighty-six percent of U.S. consumers own a TV with a screen size larger
than 40 inches, and 18 percent own a TV larger than 60 inches, according
to the Consumer Technology Association's 19th Annual Consumer
Technology Ownership and Market Potential Study from April 2017. Due to
this market demand for larger screen sizes and thinner form factors, TV
speaker driver size and placement is limited and the audio experience
from a TV alone is compromised. DTS Virtual:X technology addresses this
problem, providing an immersive sound experience without the need for
larger drivers or additional speakers added to the television.
"We are very pleased to work with Xperi and integrate DTS Virtual:X
technology into MStar's SOC chipsets," said Mike Chang, corporate vice
president, MStar. "This partnership allows our customers to offer
consumers premium, immersive sound in a variety of their home
entertainment products."
DTS Virtual:X technology supports any input source from stereo to a
7.1.4 layout (11.1 channels) and plays back an immersive experience. DTS
Virtual:X technology has been designed to work with all DTS codecs,
including the flagship DTS:X. For legacy content, an efficient upmixer
is included to provide a natural, immersive experience. The flexibility
of its architecture enables product manufacturers to utilize one or more
features concurrently, including Virtual Height and Virtual Surround.
For more information about DTS, please visit www.dts.com
or connect with DTS on Facebook,
Twitter (@DTS)
and Instagram (@DTS).
About DTS, Inc.
Since 1993, DTS, a wholly owned subsidiary of Xperi Corporation, has
been dedicated to making the world sound better. Through its pioneering
audio solutions for mobile devices, home theater systems, cinema,
automotive and beyond, DTS provides incredibly high-quality, immersive
and engaging audio experiences to listeners everywhere. DTS technology
is integrated in more than two billion devices globally, and the world's
leading video and music streaming services are increasingly choosing DTS
to deliver premium sound to their listeners' network-connected devices.
For more information, please visit www.dts.com.
About Xperi Corporation
Xperi Corporation (Nasdaq: XPER) and its brands, DTS, FotoNation, HD
Radio, Invensas and Tessera, are dedicated to creating innovative
technology solutions that enable extraordinary experiences for people
around the world. Xperi's solutions are licensed by hundreds of leading
global partners and have shipped in billions of products in areas
including premium audio, automotive, broadcast, computational imaging,
computer vision, mobile computing and communications, memory, data
storage, and 3D semiconductor interconnect and packaging. For more
information, please call 408-321-6000 or visit www.xperi.com.
About MStar Semiconductor, Inc.
MStar Semiconductor, Inc. ("MStar") is a world-class leader in
Application Specific ICs ("ASIC") with a focus on consumer electronic
products and communication applications. Since its inception in 2002,
MStar has established a strong brand and leadership position in LCD
controllers, analog and digital TVs, and set-top boxes by fully
leveraging its core expertise of cutting-edge design capabilities,
continuous innovation, and premier customer-focused services.
Headquartered in Taiwan, MStar has a comprehensive global footprint of
international R&D and customer support centers to provide a full range
of total solutions for various consumer electronic applications. Please
visit www.mstarsemi.com
for more information.
DTS, Xperi and their respective logos are trademarks or registered
trademarks of affiliated companies of Xperi Corporation in the United
States and other countries. All other company, brand and product names
may be trademarks or registered trademarks of their respective companies.
Xperi Safe Harbor Statement
This press release contains forward-looking statements, which are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve risks
and uncertainties that could cause actual results to differ
significantly from those projected, particularly with respect to the
characteristics, benefits and features of, and availability of products
that incorporate, DTS Virtual:X. Material factors that may cause results
to differ from the statements made include the plans or operations
relating to the businesses of Xperi Corporation (the "Company"); market
or industry conditions; changes in patent laws, regulation or
enforcement, or other factors that might affect the Company's ability to
protect or realize the value of its intellectual property; the
expiration of license agreements and the cessation of related royalty
income; the failure, inability or refusal of licensees to pay royalties;
initiation, delays, setbacks or losses relating to the Company's
intellectual property or intellectual property litigations, or
invalidation or limitation of key patents; fluctuations in operating
results due to the timing of new license agreements and royalties, or
due to legal costs; the risk of a decline in demand for semiconductors
and products utilizing our audio and imaging technologies; failure by
the industry to use technologies covered by the Company's patents; the
expiration of the Company's patents; the Company's ability to
successfully complete and integrate acquisitions of businesses; the risk
of loss of, or decreases in production orders from, customers of
acquired businesses; financial and regulatory risks associated with the
international nature of the Company's businesses; failure of the
Company's products to achieve technological feasibility or
profitability; failure to successfully commercialize the Company's
products; changes in demand for the products of the Company's customers;
limited opportunities to license technologies due to high concentration
in applicable markets for such technologies; the impact of competing
technologies on the demand for the Company's technologies; failure to
realize the anticipated benefits of the Company's recent acquisition of
DTS, Inc., including as a result of integrating the business of DTS;
pricing trends, including the Company's ability to achieve economies of
scale; the expected amount and timing of cost savings and operating
synergies; and other developments in the markets in which the Company
operates, as well as management's response to any of the aforementioned
factors. You are cautioned not to place undue reliance on the
forward-looking statements, which speak only as of the date of this
release.
The foregoing review of important factors should not be construed as
exhaustive and should be read in conjunction with the other cautionary
statements that are included herein and elsewhere, including the Risk
Factors included in the Company's recent reports on Form 10-K and Form
10-Q and other documents of the Company on file with the Securities and
Exchange Commission (the "SEC"). The Company's SEC filings are available
publicly on the SEC's website at www.sec.gov.
Any forward-looking statements made or incorporated by reference herein
are qualified in their entirety by these cautionary statements, and
there can be no assurance that the actual results or developments
anticipated by the Company will be realized or, even if substantially
realized, that they will have the expected consequences to, or effects
on, the Company or its business or operations. Except to the extent
required by applicable law, the Company undertakes no obligation to
update publicly or revise any forward-looking statement, whether as a
result of new information, future developments or otherwise.
XPER-D
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PR Agency Contact:
The Brand Amp
Nicole Fait, +1
949-438-1104
nicolef@thebrandamp.com
or
Xperi
PR Contact:
Jordan Miller, +1 818-436-1082
jordan.miller@xperi.com
or
Xperi
Investor Relations Contact:
Geri Weinfeld, +1 818-436-1231
geri.weinfeld@xperi.com
Source: Xperi Corporation
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