MaxLinear, Inc. (NYSE:MXL), a leading provider of radio frequency (RF), analog and mixed-signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multimarket applications, announced today that Shenzhen Skyworth Digital Technology Co. Ltd. (Skyworth) is shipping a new smart cable gateway set-top box (STB) based on the MaxLinear MxL214C Full-Spectrum Capture™ cable front-end receiver.
With its FSC™ capability, the MxL214C provides innovative features such as fast channel change, multi-screen share and remote network monitoring. These features help Skyworth’s Chinese cable operator customers accelerate their transition to enhanced digital video services.
The MxL214C utilizes its FSC™ technology to digitize the entire cable spectrum, and perform digital tuning and demodulation of up to four cable channels with very low power consumption, complexity and cost.
“Skyworth has been driving the transition to all digital video delivery by providing competitive set-top box solutions to its cable operator customers, such as leading Jiangsu and Beijing MSOs, in order to deploy next-generation services,” said BaoCheng Chang, Skyworth Vice President of R&D. “We rely on MaxLinear’s MxL214C cable receiver IC to deliver the best-in-class STB product.”
“Skyworth, a set-top box market leader in China, is helping cable operators in the country transition to a digital video future,” said Will Torgerson, Vice President & General Manager, MaxLinear Broadband Group. “We’ve optimized the features of the MxL214C to help customers like Skyworth provide consumers with compelling features in a very low power, simple and cost-effective design. We’re excited to be a part of their success.”
About Shenzhen Skyworth Digital Technology Co. Ltd.
Shenzhen Skyworth Digital Technology Co. Ltd. is the second biggest subsidiary of Skyworth Group Co. Ltd. The subsidiary’s focus is on set-top boxes and digital video transition products. Located in the Nanshan District of Shenzhen. More information can be found at www.skyworth.com.
About MaxLinear, Inc.
MaxLinear, Inc. (NYSE:MXL), a leading provider of radio frequency (RF), analog and mixed-signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multimarket applications. MaxLinear is headquartered in Carlsbad, California. For more information, please visit www.maxlinear.com.
MxL and the MaxLinear logo are trademarks of MaxLinear, Inc. Other trademarks appearing herein are the property of their respective owners.
Cautionary Note About Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, among others, statements concerning or implying future financial performance or trends and growth opportunities affecting MaxLinear, including statements related to the performance of MaxLinear’s MxL214C. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from any future results expressed or implied by the forward-looking statements. Forward-looking statements are based on management’s current, preliminary expectations and are subject to various risks and uncertainties. The closing of recent acquisitions of wireless infrastructure assets from Microsemi and Broadcom present particular risks associated with our ability to integrate the acquired businesses, and maintain relationships with employees, customers, and vendors. In addition, our current expectations with respect to the size of the available market and growth opportunities in future years are subject to substantial management assumptions that are themselves subject to material risks and uncertainties. Additional risks and uncertainties that could affect our assumptions and expectations with respect to the completed acquisitions that also generally affect our business, operating results, financial condition, and stock price, include, intense competition in our industry; our dependence on a limited number of customers for a substantial portion of our revenues; uncertainties concerning how end user markets for our products will develop; potential uncertainties arising from continued consolidation among cable television and satellite operators in our target markets and continued consolidation among competitors within the semiconductor industry generally; our ability to develop and introduce new and enhanced products on a timely basis and achieve market acceptance of those products, particularly as we seek to expand outside of our historic markets; potential decreases in average selling prices for our products; risks relating to intellectual property protection and the prevalence of intellectual property litigation in our industry, including pending litigation against us by a third parties in the United States District Court in Delaware and Superior Court of California; our reliance on a limited number of third party manufacturers; and our lack of long-term supply contracts and dependence on limited sources of supply. In addition to these risks and uncertainties, investors should review the risks and uncertainties contained in MaxLinear’s filings with the United States Securities and Exchange Commission, including our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2016 and our Current Reports on Form 8-K. All forward-looking statements are qualified in their entirety by this cautionary statement. MaxLinear is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events, or otherwise.
