18.04.2012 12:57
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CSR Opens New Automotive Systems Development and Applications Centre in Ingolstadt, Germany

DRUCKEN

CSR plc (LSE: CSR; NASDAQ: CSRE) today announced the opening of the CSR Automotive Systems Development and Applications Centre in Ingolstadt, Southern Germany. CSR acquired the facility, which was built by TEMIC Telefunken Hochfrequenztechnik GmbH, a provider of RF system solutions for auto-infotainment and consumer products, as part of its merger with Zoran Corporation last year. Close to the major German automotive OEM’s and Tier One suppliers, the Ingolstadt facility is also only a short distance from CSR customers in the automotive centres throughout Europe.

"The Ingolstadt Automotive Centre has been specifically designed, built and staffed with very experienced engineers targeting the automotive market,” said Charlie Lesko, Senior Vice President for CSR’s Automotive Business Group. "CSR has been committed to the automotive market over a decade by offering our industry-leading connectivity, location, telematics and infotainment solutions. The investment in this facility is a strong indication of CSR’s ongoing commitment to this business and is a key part of our growth strategy. The facility and staff will enable us to offer local support as well as unique services to our automotive customers in Europe.”

The experienced RF, hardware and software engineering team based at the new facility will allow CSR to continue to expand support and access for German and European customers to the entire CSR automotive product portfolio including location, connectivity and infotainment SoC solutions. It will also strengthen partnerships with automotive OEMs and key Tier Ones by offering greatly enhanced, design-in support and test infrastructure. The facility will also support increased marketing and business development activities across the region.

The facility will be the in-vehicle test and validation centre for all CSR automotive technologies, ensuring the company’s automotive customers get the best possible performance from our connectivity, location and SoC technologies.

"I am delighted to join CSR’s Automotive Business Group and for our facility to be at the centre of our new growth strategy in this exciting space,” said Andreas Hennig, site manager for CSR’s new facility. "The Ingolstadt team is fully committed to deploying our extensive skills and automotive experience to further build on CSR’s success in the automotive sector.”

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About CSR

CSR is a global provider of innovative silicon and software solutions for the location-aware, media-rich, cloud-connected world. Our platforms are optimised for the automotive navigation and infotainment, digital cameras and imaging, connected home infotainment and wireless audio markets. We provide solutions to complex problems in the audio-visual, connectivity and location technology domains across a broad range of markets, with a technology portfolio that includes GPS/GNSS systems, Bluetooth®, Wi-Fi®, FM, NFC, aptX® and CVCTM audio codecs, JPEG, MPEG, H.264 imaging, PDL printing, microcontrollers, DSPs and broadband receivers. CSR's technology solutions and market platforms enable its customers to deliver a superior user experience and are adopted by leaders in the auto, computer, home and mobile markets. More information can be found at www.csr.com. Keep up to date with CSR on our blog, YouTube or follow us on Twitter at twitter.com/CSR_plc

CAUTIONARY NOTE ON FORWARD LOOKING STATEMENTS

This press release contains certain statements (including statements concerning plans and objectives of management for future operations or performance, or assumptions related thereto) that are not historical facts and constitute ‘forward looking statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995 in relation to products to be designed and produced at CSR's new facility, and such products' performance characteristics in customer's products, and other future events and their potential effects on CSR. These forward-looking statements can be identified by words such as ’will,’ ‘can deliver,’ offers', allows, 'to enhance,’ specifically designed for, ‘enables,’ and other similar expressions regarding the performance characteristics of CSR's products, and their performance characteristics in consumer electronics products, and their potential effects on CSR. Any future release of products to be designed and produced at CSR's new facility or consumer electronics products containing such technology, related products or modifications to such products’ capability, functionality or features are subject to ongoing evaluation by CSR and its customers, and may or may not be implemented and should not be considered firm commitments by CSR or its customers and should not be relied upon in making purchasing decisions. Such forward-looking statements represent the current expectations and beliefs of management of CSR, and are based upon numerous assumptions regarding CSR’s business strategies and the environment in which CSR will operate and therefore involve a number of known and unknown risks, contingencies, uncertainties and other factors, many of which are beyond the control of CSR, including, but not limited to, those detailed from time to time in CSR’s periodic reports (whether under the caption Risk Factors or Forward Looking Statements or elsewhere), which are available at the SEC’s web site http://www.sec.gov. Each forward looking statement speaks only as of the date hereof. CSR does not undertake to release publicly any updates or revisions to any forward looking statements contained herein, otherwise than required by law.

Bluetooth® and the Bluetooth logos are trademarks owned by Bluetooth SIG, Inc. and licensed to CSR.

Wi-Fi®, Wi-Fi Alliance®, WMM®, Wi-Fi Protected Access®, WPA®, WPA2®, Wi-Fi Protected Setup™ and Wi-Fi Multimedia™ are trademarks of the Wi-Fi Alliance.

Other products, services and names used in this document may have been trademarked by their respective owners.

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Analysen zu CSR plc

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26.03.2008SiRF Technology sellPiper Jaffray & Co.
28.03.2006Update SiRF Technology Holdings Inc.: UnderweightMorgan Stanley

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