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Spectra7 Microsystems Inc
Symbol SEV
Shares Issued 162,840,711
Close 2017-09-18 C$ 0.425
Market Cap C$ 69,207,302
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Spectra7 expects to ship millionth HT8181 device soon

2017-09-19 10:03 ET - News Release

Mr. Raouf Halim reports

SPECTRA7 LEADS INDUSTRY IN HDMI 2.0 CHIP SALES WITH OVER ONE MILLION HT8181 DEVICES SHIPPED

Spectra7 Microsystems Inc. expects to ship its one millionth HT8181-based device this month. Spectra7's HT8181 IC is the industry's most popular solution for extending the length and reducing the cable gauge for interconnects ranging from HDMI cables to AR/VR/MR tethered solutions.

"We expect the announcement of Apple's 4K TV last week to further drive demand for our HDMI 2.0 products," said Spectra7 chief executive officer Raouf Halim. "Spectra7's HT8181 has proven to be the industry's highest performance, lowest power, smallest footprint solution and is being adopted broadly."

According to leading industry analyst Futuresource in its latest Worldwide TV Market Report, 4K ultrahigh-definition (UHD) sales will account for one-third of all TV sales by the end of 2017. Furthermore, UHD Blu-ray sales are expected to grow by 148 per cent this year.

Spectra7's HT8181 is a cable embedded chip capable of reducing cable diameter, weight and gauge while delivering the high-resolution, high frame rate and high dynamic range video called for in the latest HDMI 2.0 specification. Spectra7 is a leader in active copper cable (ACC) technology with a strong patent portfolio covering core technology necessary for delivering active cables.

About Spectra7 Microsystems Inc.

Spectra7 Microsystems is a high performance analog semiconductor company delivering unprecedented bandwidth, speed and resolution to enable disruptive industrial design for leading electronics manufacturers in broadband connectivity markets. Spectra7 is based in San Jose, Calif., with design centres in Markham, Ont., Cork, Ireland, and Little Rock, Ark.

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