Altair Semiconductor Opens Regional Headquarters in India

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June 29, 2011
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Altair Semiconductor Opens Regional Headquarters in India

HOD HASHARON, Israel, June 29, 2011/PRNewswire/ --

    With Shift to LTE Well Underway in India, Altair is Well Positioned to
Capture Significant Market Share of Local Market

    Altair Semiconductor (http://www.altair-semi.com), the world's leading
developer of ultra-low power, small footprint and high performance LTE
chipsets [http://altair-semi.com/3gpp-lte-chipsets ], announced today that it
has opened a new office in India to be headed by industry veteran Salaj
Sinha. The new facility will handle all Indian operations and provide
business and technical support for prospective and current customers.

    Altair offers one of the only commercially ready TD-LTE chipsets, and is
the only cost-effective single mode TD-LTE solution available in the market,
that can ship in volume in 2011. India is the third market, following China
and Japan, where Altair has established a TD-LTE leadership position.

    "We believe that India will be one of the largest and strongest growth
markets for LTE and an on-the-ground presence in India will allow Altair to
enhance support for our Indian customers, as well as enable us to
effectively support the large scale field trials we are involved in, as we
progress towards the commercialization of TD-LTE in India," said Eran Eshed
[http://www.altair-semi.com/management ], Co-Founder and VP of Marketing and
Business Development at Altair. "In contrast to FD-LTE where several chip
vendors offer commercial products, Altair is the only chip supplier today
with a cost effective and power efficient TD-LTE product, capable of
fulfilling the stringent requirements of markets like India."

    Increasing Altair's presence in India is an important strategic move for
the company, as the region has emerged as the world's fastest-growing
telecommunications market. Indian carriers poised to launch LTE services
include Reliance Industries, Bharti Airtel, Aircell and Tikona, among
others.

    "Within a few years, India will become the world's number one LTE market
in terms of installations and commercial applications and Altair's local
presence, plus our field-proven and commercially ready product line, will
further solidify Altair's TD-LTE leadership position in India," said Salaj
Sinha. "I am excited about joining the great team at Altair and I look
forward to working together with the company's management and R&D teams to
drive our success in India."

    Salaj has a long and successful track record of leading the development
of various telecom products, including Wimax USB Datacard, 3G/EVDO USB
Datacard, PON Terminals, ADSL2+ Modem/router/IAD, IP-DSLAM, MPLS Network
Routers, CDMA/GSM FWP and Optical Fiber, for several leading telecom
companies. He most recently served at the Chief Technology Officer at
Teracom Ltd., one of India's fastest growing telecom companies.

    Recently, Altair successfully demonstrated real-life over-the-air
simultaneous throughputs of 58Mbps down and 14Mbps up, becoming the first
chip vendor to achieve such high performance on a commercial TD-LTE USB
dongle.

    In addition to the new India facility, Altair has established regional
offices in the United States [http://en.wikipedia.org/wiki/United_States ],
Japan [http://en.wikipedia.org/wiki/Japan ], China
[http://en.wikipedia.org/wiki/China ] and Germany
[http://en.wikipedia.org/wiki/Germany ], and has representatives in Korea
[http://en.wikipedia.org/wiki/Korea ] and Taiwan
[http://en.wikipedia.org/wiki/Taiwan ].

    About Altair Semiconductor

    Altair Semiconductor is the world's leading developer of ultra-low
power, small footprint and high performance LTE semiconductors. The
company's products provide device manufacturers integrating 4G LTE
technology into their products with a highly power-optimized, robust and
cost-effective solution.

    Altair's comprehensive product portfolio includes baseband processors
[http://www.altair-semi.com/4g-baseband-processors ], multi-band RF
transceivers [http://www.altair-semi.com/4g-rf-transceivers ] for both FDD
[http://altair-semi.com/multi-band-lte-fdd-rf-transceiver-%E2%80%93-fourgee-6200 ]
and TDD
[http://altair-semi.com/ltewimax-tdd-rf-transceiver-%E2%80%93-fourgee-6150 ]
bands, and a range of reference hardware and product level protocol stack
software [http://www.altair-semi.com/reference-platforms ].

    Based on a novel, proprietary Software Defined Radio (SDR)
[http://altair-semi.com/o2p-%E2%80%93-software-defined-radio-sdr-processor ]
processor, codenamed "O2P?", Altair's products are the smallest and most
highly power optimized in the industry, offering an unmatched combination of
flexibility and performance. For more information, visit the company's
website at http://www.altair-semi.com. Follow Altair on Twitter: @AltairSemi
[http://twitter.com/AltairSemi ]

   
    Media Contacts:
    Ruder Finn Israel for Altair Semiconductor
    Matthew Krieger
    +972-544-676-950
    matthew@ruderfinn.co.il

Source: Altair Semiconductor

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