LAS VEGAS, Jan. 8, 2014 (GLOBE NEWSWIRE) -- (International Consumer Electronics Show) – Entropic (Nasdaq:ENTR), a world leader in semiconductor solutions for the connected home, and Wistron NeWeb Corporation (WNC), an industry leader in the design and manufacturing of advanced communication products, proudly announced today WNC has shipped over 10-million Entropic-based MoCA® (Multimedia over Coax Alliance) devices across service provider and retail platforms, worldwide.
WNC and Entropic share a long and successful partnership in developing and designing home networking solutions that enable consumers to securely and reliably share and watch content across a variety of connected consumer electronics (CE) devices in the home. As a world-class manufacturing and design company, WNC has continued to use Entropic's proven MoCA technology as it represents a superior silicon solution for powering devices that include Ethernet-to-Coax Adapters, Wireless Extenders, Transcoding Solutions, and Video Bridging Solutions.
"Shipping 10-million units in the channel, and having developed a wide range of MoCA-enabled products, we are confident that no other company has the depth in MoCA system knowledge, experience or skillset when compared to the WNC/Entropic combination," said Johnson Hsu, head of the Digital Home business unit at WNC. "This expertise is important as the MoCA market is expected to reach over 35 million households in North America this year; making the WNC/Entropic solution a smart choice based on proven technology, design and deployment."
"Reaching the 10-millionth shipped Entropic-based MoCA device marks a major milestone for WNC and we are proud to be able to share in the recognition and success," said Al Servati, vice president, Marketing, Entropic. "We believe interest in MoCA home networking products will continue to rise as cloud gaming and streaming over-the-top 4k/UltraHD video will require a reliable backbone technology like MoCA to dependably distribute content room-to-room in the home. In working with WNC, we are well positioned to capitalize on this demand with new platform designs that ensure high quality TV streaming and online gaming experiences."
Entropic is a leading MoCA silicon/software solutions supplier. The Company has shipped more than 100 million MoCA chipsets since the technology's inception. For more information on Entropic's MoCA solutions, visit: www.entropic.com.
WNC's designs currently include Entropic's MoCA 2.0 and 1.1 silicon and software across satellite, cable, and retail markets. WNC's Entropic-based MoCA devices will be on display at CES in Las Vegas, January 7-10, 2014 at Entropic's Meeting Suite in The Wynn Las Vegas – Alsace Ballroom. For more information, please visit: www.entropic.com.
About Wistron NeWeb Corporation
Wistron NeWeb Corporation (WNC) is an industry leader in the design and manufacturing of advanced wireless communication products. With strong R&D and high-volume production capabilities, WNC consistently introduces innovative technologies covering a range of products including: DBS outdoor units, satellite/digital radio, networking devices (IEEE 802.11a/b/g/n/ac, PLC), 3G/4G mobile devices, set-top boxes, digital home devices, automotive electronics, RFID and NFC solutions, and various types of TV/GPS/mobile phone/LDS antennas. WNC's mission is to provide its worldwide customers and partners with superior products through premium ODM/JDM/OEM design and manufacturing, logistics, and after-sales services. For more information, please visit: www.wnc.com.tw.
Entropic™ (Nasdaq:ENTR) is a world leader in semiconductor solutions for the connected home. The Company transforms how traditional HDTV broadcast and IP-based streaming video content is seamlessly, reliably, and securely delivered, processed, and distributed into and throughout the home. Entropic's next-generation Set-top Box (STB) System-on-a-Chip (SoC) and Connectivity solutions enable Pay-TV operators to offer consumers more captivating whole-home entertainment experiences by transforming the way digital entertainment is delivered, connected and consumed – in the home and on the go. For more information, please visit Entropic at: www.entropic.com, read our blog Entropic Topics, or get social with us at @Entropic_News, or on Facebook, Google+, YouTube and LinkedIn.
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Forward Looking Statements
Statements in this press release that are not strictly historical in nature constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements regarding Entropic's SoC or MoCA technologies, their related prospects and their role in the future of connected home entertainment. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Entropic's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, competition, risks associated with Entropic dependence on a limited number of customers and suppliers, technology risks, the risk that the market for HD video and multimedia content delivery solutions may not develop as Entropic anticipates and other factors discussed in the "Risk Factors" section of Entropic's Quarterly Report on Form 10-Q for the quarter ended September 30, 2013. All forward-looking statements are qualified in their entirety by this cautionary statement. Entropic is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.
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