SANTA CLARA, Calif.--(BUSINESS WIRE)--Ambarella, Inc. (NASDAQ:AMBA), a leading developer of low-power, HD and Ultra HD video processing semiconductors, today announced that the Global Semiconductor Alliance (GSA) has honored the Company with the award for “Most Respected Emerging Public Semiconductor Company (achieving $100 to $250 million in annual sales).” The award was presented to Ambarella executives at the GSA annual awards dinner celebration held on Thursday, December 11, 2014 in Santa Clara, California.
To decide the Most Respected Emerging Public Semiconductor Company award, the Alliance identified the company garnering the most respect from the industry in terms of products, vision and future opportunities. The criteria for this award included achieving a minimum of $100 million and a maximum of $250 million in annual sales. In addition, profitability, market capitalization and product successes were considered.
“GSA is proud to honor Ambarella with the 2014 award for Most Respected Emerging Public Semiconductor Company,” said Jodi Shelton, president of GSA. “In previous years, Ambarella has been awarded six GSA awards including ‘Start-up to watch,’ ‘Most Respected Private Semiconductor Company’ and last year’s Morgan Stanley ‘Favorite Analyst Semiconductor Company.’ This year’s honor is a tribute to Ambarella’s diligence and continued excellence in business practices.”
“We are humbled and honored to receive this prestigious award,” said Fermi Wang, CEO of Ambarella. “The award reflects our second successful year as a public company during which we continued to innovate and partner with our customers to bring world class video products to market.”
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 and Ultra HD video compression and image processing solutions. The company’s products are used in a variety of cameras including security IP-cameras, sports cameras, wearable cameras and automotive video camera recorders. Ambarella compression chips are also used in broadcasting TV programs worldwide. For more information about Ambarella, please visit www.ambarella.com.
All brand names, product names, or trademarks belong to their respective holders. Ambarella reserves the right to alter product and service offerings, and specifications and pricing at any time without notice. © 2014 Ambarella. All rights reserved.