PHILIPS, ARM AND ADELANTE TECHNOLOGIES JOIN FORCES TO DEVELOP A SOC PLATFORM FOR MOBILE INFOTAINMENT

6/10/2002 - Royal Philips Electronics (NYSE: PHG, AEX: PHI), ARM [(LSA: ARM), (Nasdaq: ARMHY)] and Adelante Technologies, today announced that they have signed a Memorandum of Understanding on the development of a common system-on-chip (SoC) platform for mobile infotainment applications. This system solution will combine Philips’ systems and application know-how and CoReUse™ and MoReUse™ programs with ARM’s leading embedded RISC processor expertise and Adelante’s open, integrated digital signal processing solutions. The first products will target the booming market for automotive infotainment applications.

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