Mobile TV receiver chip lineup has recently added new recruits

Mobile TV chip startup Newport Media recently raised $30 million in a new round of Series C funding, bringing the company's total investment since its inception to $66 million. Newport Media said that the excess funds will be used for the mass production process of the equipment, as well as expanding the product to meet different standards.

The current round of funding was initiated by a new investor, DAG Ventures, with former investors Benchmark Capital, Global Catalyst Partners, Oak Investment Partners, Pinnacle Ventures and Venrock Associates.

Newport Media is part of a new mobile market for mobile TV chips, including "new recruits" such as DiBcom, Siano Mobile and Frontier Silicon, as well as NXP Semiconductors, Texas Instruments, and Fly. "Veteran" such as Think and Microtune.

Newport's Sundance H chipset was originally designed for the Handheld Digital Video Broadcasting (DVB-H) standard, but said it also supports other air interface standards, including terrestrial digital multimedia broadcasting (T-DMB), terrestrial integrated services broadcasting. (ISDB-T) and MediaFLO. Mohy Abdelgany, President and Chief Technology Officer of Newport Media, said: "We have launched the world's smallest, best performing and most efficient mobile TV chipset in a short period of time and work closely with many of the world's leading companies. Enable them to launch exciting new next-generation mobile TV products next year."

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