Active-Semi Signs Agreement With CYIT to Develop Power Management IC for China’s 3G Mobile Phones

Active-Semiconductor announced the signing of a definitive agreement with Chongqing Chongyou Information Technology Co., Ltd. (CYIT). CYIT is a leader in solutions supporting the Chinese 3G TD-SCDMA standard. Active-Semi will develop an integrated Power Management IC for CYIT’s next-generation mobile phone chipsets.

"CYIT is a leading developer of the TD-SCDMA standard and a key chipset provider. Active Semiconductor’s world class international team brings us a differentiated solution. Our partnership with Active-Semi empowers us to deliver the best performance at the right price for our customers," said Mr. Jainhong Zheng, CTO and Vice President of CYIT.

CYIT has been a leading developer of the Chinese Government backed "Home Grown" third-generation Mobile cellular communication standard and was the first to demonstrate a TD-SCDMA based mobile phone prototype in 2003. Active-Semi’s Power Management IC will provide a complete power and analog mixed signal solution to support the CYIT chipset for optimum performance and battery life.

"We are very pleased to be partnering with CYIT, the leading provider of solutions for the rapidly growing Chinese 3G standard," said Larry Blackledge, CEO of Active-Semi. "This key partnership establishes Active-Semi at the forefront of this rapidly expanding market and underlines the strength of our innovative PMU (Power Management Unit) technology."

Active-Semi is scheduled to ship the first units of this new PMU solution in the first half of 2010, accelerating their overall revenue growth with the entry into this rapidly expanding market sector.