Sigma Designs, Inc. operates as an integrated semiconductor solutions provider. The company offers intelligent media platforms for use in the home entertainment and home control markets. The company sells its products into four primary or target markets, such as smart TV, media connectivity, set-top box (STB) and Internet of Things (IoT) devices. Smart TV products consist of a range of platforms that are based on highly integrated chips, embedded software and hardware reference designs. Media Connectivity products consist of wired home networking controller chipsets that are designed to provide connectivity solutions between various home entertainment products and incoming video streams. STB products consist of connected media processors and players delivering IP streaming video, including hybrid versions of these products. IoT Devices consist of the company’s wireless Z-Wave chipsets and modules. Products Media Processor The company’s media processor product line consists of a range of functionally similar platforms that are based on highly integrated chips, embedded software, and hardware reference designs. These highly integrated chips typically include all the functions required to create a system solution with only the addition of memory. The integrated functions include application processing (CPU), graphics processing (GPU), media processing (audio and video decoding/encoding), display processing, security management, memory control, and peripheral interfaces. Its embedded software suite provides an operating environment and coordinates the real-time processing of digital video and audio content, is customizable by its customers and is interoperable with multiple standard operating systems. The company’s reference system designs provide a hardware implementation of the circuit board, access to its embedded software suite, and can include prototypes for customer evaluation and use. The company’s chipsets are generally configured for a specific market, either smart television (Smart TV) or STB, the latter of which includes related products, such as connected media players. The primary difference between these devices that target different markets is the interfaces they support. Chips created for the Smart TV market obtain inputs from high definition multimedia interface (HDMI) and analog video and provide outputs to flat panel interfaces. Chipsets created for the STB market obtain inputs from Ethernet and other broadcast interfaces and provide output to HDMI and analog video. Core components are therefore shared across these products while their configured hardware/software platforms and support are offered separately. Media Connectivity Controllers The company’s Media Connectivity product line consists of wired home networking controller chipsets that are designed to provide connectivity solutions between various home entertainment products and incoming video streams. Its Media Connectivity solutions are based on the HomePNA (HPNA), HomePlug AV (HPAV), and G.hn standards. HPNA is a standard used for transferring Internet protocol (IP), content across coaxial cables and phone lines whereas HPAV is used for transferring IP content across power lines. Products based on these technologies enable service providers, such as telecommunication carriers, cable operators and satellite providers, to deliver high definition television services (HDTV) and other media-rich applications throughout the home. The company’s HPNA chipsets comply with the International Telecommunications Union (ITU) G.9954 standard to support distribution of multimedia content throughout the home, while its HPAV chipsets provide connectivity over existing powerline wiring, supporting AES encryption, high QoS and remote management and diagnostic capabilities. Its G.hn chipset is compliant with ITU G.9960/61 which supports connectivity over any type of existing wires inside the home. IoT Devices The company’s IoT Devices product line consists of its wireless Z-Wave chips and modules. Its Z-Wave chips and modules are incorporated into devices that enable consumers to enjoy advanced home control and automation functionality, such
sigma designs inc
(SIGM:Consolidated Issue Listed on NASDAQ Global Select )
47467 Fremont Boulevard
Fremont, CA 94538
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