LG Electronics Selects CEVA Imaging and Vision DSP for Mobile Devices

MOUNTAIN VIEW, Calif., Feb. 16, 2016 -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing IP for smarter, connected devices, today announced that LG Electronics has licensed the CEVA imaging and vision DSP for its mobile device product lines.

"We are delighted to announce LG Electronics as a customer for our imaging and vision DSP," said Gideon Wertheizer, CEO of CEVA. "Their market leadership and stellar reputation for leading edge innovation in mobile enables them to fully leverage the capabilities of our DSP to add feature-rich, differentiated vision-based technologies to their mobile devices."

CEVA's imaging and vision DSPs address the extreme processing requirements of the most sophisticated computational photography and computer vision applications such as video analytics, augmented reality and advanced driver assistance systems (ADAS). By offloading these performance-intensive tasks from the CPUs and GPUs, the highly-efficient DSP dramatically reduces the power consumption of the overall system, while providing complete flexibility. The platform includes a vector processor developed specifically to deal with the complexities of such applications and an extensive Application Development Kit (ADK) to enable an easy development environment. The CEVA ADK includes an Android Multimedia Framework (AMF) that streamlines software development and integration effort, a set of advanced software development tools and a range of software products and libraries optimized for the DSP. For embedded systems targeting deep learning, the CEVA Deep Neural Network (CDNN) real-time neural network software framework streamlines machine learning deployment at a fraction of the power consumption of the leading GPU-based systems. For more information, visit http://www.ceva-dsp.com/CEVA-XM-Family.

About CEVA, Inc.
CEVA is the leading licensor of signal processing IP for a smarter, connected world. We partner with semiconductor companies and OEMs worldwide to create power-efficient, intelligent and connected devices for a range of end markets, including mobile, consumer, automotive, industrial and IoT. Our ultra-low-power IPs for vision, audio, communications and connectivity include comprehensive DSP-based platforms for LTE/LTE-A/5G baseband processing in handsets, infrastructure and machine-to-machine devices, computer vision and computational photography for any camera-enabled device, audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. For connectivity, we offer the industry's most widely adopted IPs for Bluetooth (Smart and Smart Ready), Wi-Fi (802.11 b/g/n/ac up to 4x4) and serial storage (SATA and SAS). Visit us at www.ceva-dsp.com