Global Semiconductor Alliance (GSA) honors Ambarella for 8th consecutive year
Ambarella, Inc. (NASDAQ: AMBA), a leading developer of low-power, HD and Ultra HD video compression and image processing semiconductors, today announced that the Global Semiconductor Alliance (GSA) of Santa Clara, California has honored Ambarella with the 2015 awards for Most Respected Public Semiconductor Company and for Best Financially Managed Semiconductor Company; both awards are for companies achieving $100M to $500M in annual sales. The awards were presented to Ambarella executives at the GSA annual awards dinner celebration held on Thursday, December 10, 2015 in Santa Clara, California.
According to GSA, the award for Most Respected Semiconductor Company is decided by GSA member ballot and is designed to identify the public company garnering the most respect from the semiconductor industry in terms of products, vision and future opportunities. In addition, profitability and market capitalization among other financial and product successes are considered. The award for Best Financially Managed Semiconductor Company is determined by GSA analysis of numerous financial metrics as well as the respective rates of change or year-over-year improvement.
“Over the past 12 years, Ambarella’s management team has enabled an array of exciting new camera categories with the most recent being home monitoring, wearable and flying cameras,” said Jodi Shelton, president of the Global Semiconductor Alliance. “These awards honor the high standard they hold for themselves and shows their strength in our semiconductor community.”
“We are honored to be the recipient of these prestigious GSA awards,” said Fermi Wang, CEO of Ambarella. “Over the past year we’ve enabled our customers to introduce a wide range of exciting and innovative new products; we look forward to continuing to do so in the year ahead.”
In previous years, Ambarella has been awarded seven GSA awards including, “Most Respected Emerging Public Semiconductor Company (achieving $100 to $250 million in annual sales),” the Morgan Stanley award for “Favorite Analyst Semiconductor Company,” “Start-up to Watch,” and “Most Respected Private Semiconductor Company.”
The Global Semiconductor Alliance (GSA) mission is to accelerate the growth and increase the return on invested capital of the global semiconductor industry by fostering a more effective ecosystem through collaboration, integration and innovation. It addresses the challenges within the supply chain including IP, EDA/design, wafer manufacturing, test and packaging to enable industry-wide solutions. Providing a platform for meaningful global collaboration, the Alliance identifies and articulates market opportunities, encourages and supports entrepreneurship, and provides members with comprehensive and unique market intelligence. Members include companies throughout the supply chain representing 30 countries across the globe. www.gsaglobal.org
Ambarella, Inc. (NASDAQ: AMBA), is a leading developer of low power, high-definition (HD) and Ultra HD video compression and image processing solutions. The Company’s products are used in a variety of HD cameras including security IP cameras, wearable cameras, flying cameras and automotive video processing solutions. Ambarella compression chips are also used in broadcasting TV programs worldwide. For more information about Ambarella, please visit www.ambarella.com.
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