SMSC Strengthens Consumer Electronics Connectivity Leadership With Digital Broadcasting Radio Relationship
SMSC (NASDAQ: SMSC), a leading semiconductor company enabling content
rich connectivity systems, today announced that it has added full
WorldDMB Profile 1 & 2 Compliant Radio Options to its JukeBlox® 3.
SMSC (NASDAQ: SMSC), a leading semiconductor company enabling content rich connectivity systems, today announced that it has added full WorldDMB Profile 1 & 2 Compliant Radio Options to its JukeBlox® 3.0 (JB3.0) wireless audio platform. SMSC also announced a strategic relationship with Quantek Inc. to add comprehensive DAB/DAB+/DMB-Radio/FM radio features to the JukeBlox platform. The worlds' largest consumer electronic brands are powered by JukeBlox technology, adding network and Internet connectivity for streaming music to all types of consumer electronics audio products. The Quantek and SMSC relationship will allow ODMs and other brands to bring to market low cost, feature-rich integrated digital solutions that maximize the features and capabilities of each company's technology. This combined streaming music platform finally gives digital radio suppliers access to greater global appeal with the additional connectivity and networking features provided by the customizable JukeBlox Software Development Kit (SDK) platform. These high-value features include AirPlay®, Internet radio, new music Apps such as Pandora®, Rhapsody®, Napster® and LastFM along with broad home network music streaming interoperability including DLNA, uPnP, DRM and Windows® 7. "DAB/DAB+/DMB audio functionality is a great addition to the JukeBlox platform," said Jordan Watters, SMSC’s Vice President of Marketing and Business Development for Wireless Products. "SMSC’s comprehensive and proven solutions bring new connectivity features alongside traditional features including AM/FM radio, clocks/alarms, iPod/iPhone and USB peripheral support. The relationship with Quantek further enhances our leadership, allowing us to aggressively service this regional radio need." Quantek Inc. is a Taiwanese semiconductor company and a leader in digital radio solutions throughout Asia, Europe and Australia. The company provides a suite of all-in-one low cost digital radio modules and platforms. The integrated solution will use Quantek’s powerful Q8 DAB/DAB+/DMB-Radio/FM module, optimized for mainstream audio applications. Q8 is an ultra low powered fully WorldDMB Profile 1 compliant module, with enhanced performance in a small footprint, based on the latest QD3000 baseband chip, maintaining excellent receiver sensitivity, reliable operation and superior audio. Q8 also support DLS, EPG, APNG, multiple alarms, presets and display types, as well as SD card interface, battery level detection, and S/PDIF.
Standard Microsystems Corporation (Nasdaq:SMSC) hit a new 52-week high Wednesday as it is currently trading at $36.29, above its previous 52-week high of $28.25 with 8.7 million shares traded as of 10 a.m. ET. Average volume has been 129,600 shares over the past 30 days.
Shares of Standard Microsystems Corporation (Nasdaq:SMSC) were gapping up Wednesday morning with an open price 10.8% higher than Tuesday's closing price. The stock closed at $24.23 yesterday and opened today's trading at $26.85.