All financial results are reported on a U.S. GAAP basis.

Revenue for the third quarter of 2011 increased 46% to $15.3 million, as compared to revenue of $10.5 million for the second quarter of 2011, and 65% from the third quarter of 2010 revenue of $9.3 million.

Net income attributable to Actions Semiconductor's shareholders for the third quarter of 2011 was $2.6 million or $0.04 per ADS. This compares to net income attributable to Actions Semiconductor's shareholders of $0.5 million or $0.007 per ADS, for the second quarter of 2011, and net income attributable to Actions Semiconductor's shareholders of $1.9 million or $0.03 per ADS, for the third quarter of 2010.

During the third quarter of 2011, Actions recorded an impairment charge of $888 thousand for goodwill and in-process R&D technology related to the acquisition of Mavrix Technologies in August 2010.

Actions Semiconductor reported gross margin of 40.6% for the third quarter of 2011, compared to gross margin of 37.9% for the second quarter of 2011, and 40.1% for the third quarter of 2010. The Company ended the third quarter of 2011 with $70.7 million in cash and cash equivalents. Trading securities, and marketable securities, current and non-current, were $152.1 million at the end of the third quarter.

Since the share repurchase program commenced in 2007, the Company has invested approximately $40.2 million in repurchasing its shares. As of September 30, 2011, approximately 17.1 million American Depositary Shares (ADSs) were repurchased.

"Despite a challenging operating environment for many semiconductor companies, Actions delivered better than expected results for the third quarter," stated Niccolo Chen, CEO of Actions Semiconductor. "Strong demand for our products across a number of end markets, especially in our fast growing, automotive/boom box product category, resulted in 46% sequential growth in revenue and increased profitability. We saw an improvement in our average selling prices during the quarter as our product mix shifted to include more high end products such as our MP4 products targeting gaming applications. We continued to enjoy leading market share in key markets such as small color display and QVGA MP4 products. We began shipping commercial volumes of our high definition products during the quarter and we are pleased with the overall market acceptance of our products targeting the high end markets.

"As we head into the fourth quarter, like many semiconductor companies, we will manage our business for a cautious demand environment," concluded Mr. Chen.

Business Outlook

The following statements are based upon management's current expectations. These statements are forward-looking, and actual results may differ materially. The Company undertakes no obligation to update these statements.

For the fourth quarter of fiscal year 2011 ending December 31, 2011, Actions Semiconductor estimates revenue in the range of $12 to $13 million, gross margin of approximately 40% and operating expenses higher on a sequential basis.

Conference Call Details

Actions Semiconductor's third quarter 2011 teleconference and webcast is scheduled to begin at 5:30 p.m. Eastern Time, on Tuesday, November 8, 2011. To participate in the live call, analysts and investors should dial 877-941-4774 (within U.S.) or 480-629-9760 (outside U.S.) at least ten minutes prior to the call. Actions Semiconductor will also offer a live and archived webcast of the conference call, accessible from the "Investor Relations" section of the company's website at www.actions-semi.com. An audio replay of the call will be available to investors through November 19, 2011 by dialing 800-406-7325 (within U.S.) or 303-590-3030 (outside U.S.) and entering access code 4483427.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.....

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements concerning signs of positive indicators in the industry for next year, growth in the market driven by continued proliferation of applications within the PMP market and incremental rebound of overall demand for these products, Actions Semiconductor's belief that it is positioned to capture some upside from these trends, and Actions Semiconductor's future expectations with respect to revenue, gross margin, operating expenses and share-based compensation expense. Actions Semiconductor uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements are estimates reflecting current assumptions, expectations and projections about future events and involve significant risks, both known and unknown, uncertainties and other factors that may cause Actions Semiconductor's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Other unknown or unpredictable factors also could have material adverse effects on Actions Semiconductor's future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as required by law, Actions Semiconductor undertakes no obligation and does not intend to update or revise any forward-looking statement to reflect subsequent events or changed assumptions or circumstances.

All financial results are reported on a U.S. GAAP basis.

Revenue for the third quarter of 2010 was $9.3 million, as compared to revenue of $9.7 million for the second quarter of 2010, and $13.4 million for the third quarter of 2009.

Net income attributable to Actions Semiconductor's shareholders for the third quarter of 2010 was $1.9 million, or $0.03 per ADS. The results for the third quarter of 2010 include a foreign exchange gain of $1.1 million, a reversal of over-estimated employee stock-based compensation expenses of $0.8 million, and a gain of $0.5 million resulting from the acquisition of additional equity interest in Mavrix. This compares to a net loss attributable to Actions Semiconductor's shareholders of $0.4 million, or $0.01 per ADS, for the second quarter of 2010, and a net loss attributable to Actions Semiconductor's shareholders of $0.6 million, or $0.01 per ADS, for the third quarter of 2009.

Actions Semiconductor reported gross margin of 40.1% for the third quarter of 2010, as compared to gross margin of 39.6% for the second quarter of 2010, and 30.8% for the third quarter of 2009. The Company ended the quarter with $54.0 million in cash and cash equivalents together with time deposits. Trading securities and marketable securities, current and non-current, were $183.4 million at the end of the quarter.

Since the share repurchase programs started in 2007, the Company has invested approximately $33.2 million in repurchasing its shares. As of September 30, 2010, approximately 14.0 million American Depositary Shares (ADSs) were repurchased.

"Our results were in line with expectations for the third quarter," stated Mr. Niccolo Chen, CEO of Actions Semiconductor. "Our gross margin continued to benefit from increased revenue contributions from our high-end products, enhanced processing technology, and fine-tuned product designs. This product mix shift also resulted in improved Average Selling Prices ("ASP") during the quarter.

"We continue to work diligently on our product development activities and recently introduced our new Series 27 product family that enables an advanced and cost effective high definition 720P MP4 mobile entertainment platform for consumers. We remain focused on introducing products that provide a compelling functionality to cost ratio and believe our commitment to R&D will position the Company for improved performance over time," concluded Mr. Chen.

Business Outlook

The following statements are based upon management's current expectations. These statements are forward-looking, and actual results may differ materially. The Company undertakes no obligation to update these statements.

For the fourth quarter of fiscal year 2010 ending December 31, 2010, Actions Semiconductor estimates revenue in the range of $8.5 to $9.5 million, gross margin approximately flat with third quarter, and operating expenses slightly higher on a sequential basis. The fourth quarter 2010 estimates include share-based compensation of approximately $0.7 million.

Conference Call Details

Actions Semiconductor's third quarter 2010 teleconference and webcast is scheduled to begin at 5:30 p.m. Eastern Time, on Tuesday, November 2, 2010. To participate in the live call, analysts and investors should dial 877-941-2322 (within U.S.) or 480-629-9715 (outside U.S.) at least ten minutes prior to the call. Actions Semiconductor will also offer a live and archived webcast of the conference call, accessible from the "Investor Relations" section of the company's website at http://www.actions-semi..... An audio replay of the call will be available to investors through November 3, 2010, by dialing 800-406-7325 (within U.S.) or 303-590-3030 (outside U.S.) and entering the passcode 4375446.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.....

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements concerning signs of positive indicators in the industry for next year, growth in the market driven by continued proliferation of applications within the PMP market and incremental rebound of overall demand for these products, Actions Semiconductor's belief that it is positioned to capture some upside from these trends, and Actions Semiconductor's future expectations with respect to revenue, gross margin, operating expenses and share-based compensation expense. Actions Semiconductor uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements are estimates reflecting current assumptions, expectations and projections about future events and involve significant risks, both known and unknown, uncertainties and other factors that may cause Actions Semiconductor's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Other unknown or unpredictable factors also could have material adverse effects on Actions Semiconductor's future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as required by law, Actions Semiconductor undertakes no obligation and does not intend to update or revise any forward-looking statement to reflect subsequent events or changed assumptions or circumstances.

All financial results are reported on a U.S. GAAP basis.

Revenue for the fourth quarter of 2009 was $7.9 million, as compared to revenue of $13.4 million for the third quarter of 2009, and $16.1 million for the fourth quarter of 2008. Revenue for the year ended December 31, 2009 was $44.1 million, compared to revenue of $95.1 million for the year ended December 31, 2008.

Net loss attributable to Actions Semiconductor shareholders for the fourth quarter of 2009 was $1.1 million, or ($0.02) per ADS, compared to net loss attributable to Actions Semiconductor shareholders of $0.6 million, or ($0.01) per ADS, for the third quarter of 2009, and net income attributable to Actions Semiconductor shareholders of $0.5 million, or $0.01 per ADS, for the fourth quarter of 2008. Net loss for the full year of 2009 was $4.0 million, compared to net income of $26.1 million reported for the full year 2008. Net loss per ADS was ($0.05) for 2009, compared to net income per ADS of $0.31 reported for the full year 2008.

Actions Semiconductor reported gross margin of 34.9% for the fourth quarter of 2009. For the full year of 2009, gross margin was 31.6%. The Company ended the year with $87.8 million in cash and cash equivalents together with time deposits. Marketable securities, current and non-current, were $163.8 million at the end of the year.

Since the share repurchase programs started in 2007, the Company has invested approximately $26.2 million in repurchasing its shares. As of December 31, 2009, approximately 10.9 million American Depositary Shares (ADSs) were repurchased.

"As expected, we did not experience the seasonality typically present in the fourth quarter," stated Mr. Niccolo Chen, CEO of Actions Semiconductor. "However, we are encouraged by the progress we made in a particularly challenging year. Our gross margin improved during the second half of the year and we successfully increased our market share in the low end and advanced product categories of the Portable Media Player ("PMP") market. Throughout the year, we operated through continued retraction of demand in the consumer electronics market, ASP erosion, and an extremely competitive pricing environment. I continue to appreciate our management team's ability to implement successful cost reduction programs and to manage expenses. Despite 2009's challenges, we were pleased to close the year with a strong balance sheet, more diversified business, and improved cost controls.

"We are encouraged to see positive indicators in the sector for next year. The continued proliferation of applications within the PMP market and incremental rebound of overall demand for these products should drive growth in the market. We believe that our commitment to investing in R&D throughout the downturn has positioned Actions to capture some upside from these trends. Our unique positioning has enabled us to leverage our sector leadership, innovative functionality offerings, and dynamic business model to gain traction in new markets and to continue to pursue our long-term growth strategy," concluded Mr. Chen.

Business Outlook

The following statements are based upon management's current expectations. These statements are forward-looking, and actual results may differ materially. The company undertakes no obligation to update these statements.

For the first quarter of fiscal year 2010 ending March 31, 2010, Actions Semiconductor estimates revenue in the range of $6.5 to $7.5 million, gross margin of approximately 35%, and operating expenses slightly higher on a sequential basis. The first quarter 2010 estimates include share-based compensation expense in the range of $0.9 to $1.0 million.

Conference Call Details

Actions Semiconductor's fourth quarter and fiscal year 2009 teleconference and webcast is scheduled to begin at 5:30 p.m. Eastern Time, on Wednesday, February 3, 2010. To participate in the live call, analysts and investors should dial 877-941-2321 (within U.S.) or +1-480-629-9714 (outside U.S.) at least ten minutes prior to the call. Actions Semiconductor will also offer a live and archived webcast of the conference call, accessible from the "Investor Relations" section of the company's website at http://www.actions-semi.... . An audio replay of the call will be available to investors through February 5, 2010, by dialing 800-406-7325 (within U.S.) or +1-303-590-3030 (outside U.S.) and entering the passcode 4202663.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.... .

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Actions Semiconductor undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.

    For further information, please contact:

    Investor Relations at Actions Semiconductor
     Edward Chen
     Tel:   +86-756-3392353 x1110
     Email: edward@actions-semi.com

    The Blueshirt Group
     Lisa Laukkanen
     Tel:   +1-415-217-4967
     Email: lisa@blueshirtgroup.com




                         ACTIONS SEMICONDUCTOR CO., LTD.
                      CONSOLIDATED CONDENSED BALANCE SHEET
                         (in thousands of U.S. dollars)

                                         At December At September At December
                                            31, 2009    30, 2009    31, 2008
                                          (unaudited) (unaudited)   (audited)
    ASSETS
    Current assets:
      Cash and cash equivalents               87,706      43,001      45,435
      Time deposits                               62          62          61
      Restricted cash                             --          40         440
      Marketable securities                  139,984     158,682     201,151
      Trading securities                          --          --      19,299
      Accounts receivable, net                 1,891       2,798       2,435
      Amount due from related parties            530       2,951       1,497
      Amount due from affiliate                  492          --          --
      Notes receivable                            --          83          74
      Inventories                              4,501       4,743       8,720
      Prepaid expenses and other current
       assets                                  1,258       1,325       1,532
      Deferred tax assets                        371         343         686
    Total current assets                     236,795     214,028     281,330

      Investment in equity method
       investee                                4,974       5,276       4,142
      Other investments                        6,258       6,158       7,044
      Marketable securities                   23,773      53,053          --
      Rental deposits                             46          68          39
      Property, plant and equipment, net      14,437      12,143       7,144
      Land use right                           1,546       1,554       1,580
      Acquired intangible assets, net          3,625       3,544       4,197
      Deposit paid for acquisition of
       property, plant and equipment              --         182         403
      Deferred tax assets                        149         163         206
    TOTAL ASSETS                             291,603     296,169     306,085

    LIABILITIES AND SHAREHOLDER'S EQUITY
    Current liabilities:
      Accounts payable                         2,355       4,544       4,050
      Accrued expenses and other current
       liabilities                             4,626       3,829       6,846
      Other liabilities                        2,124       2,292       1,818
      Loan from minority shareholders             --          --       1,500
      Income tax payable                         129         162         221
      Deferred tax liabilities                   284         416         480
    Total current liabilities                  9,518      11,243      14,915

    Other liabilities                            319         366         249
    Deferred tax liabilities                   2,058       2,091       1,750
    Total liabilities                         11,895      13,700      16,914

    Equity:
    Actions Semiconductor Co. Ltd
     shareholders' equity:
     Ordinary shares                               1           1           1
     Additional paid-in capital               31,423      33,259      36,606
     Accumulated other comprehensive
      income                                  20,239      20,059      20,483
     Retained earnings                       228,045     229,150     232,046
     Total Actions Semiconductor Co., Ltd.
      shareholders' equity                   279,708     282,469     289,136
     Noncontrolling interest                      --          --          35
     Total equity                            279,708     282,469     289,171
    TOTAL LIABILITIES AND EQUITY             291,603     296,169     306,085




                         ACTIONS SEMICONDUCTOR CO., LTD.
                  CONSOLIDATED CONDENSED STATEMENT OF OPERATIONS
             (in thousands of U.S. dollars, except per share amounts)

                          Three months Three months
                               ended        ended     Year ended   Year ended
                           December 31, December 31, December 31, December 31,
                                2009         2008         2009         2008
                            (unaudited)  (unaudited)  (unaudited)  (unaudited)

    Revenues:
      Third-parties:
       System-on-a-chip
        products                 6,787       10,592       31,482       70,528
       Semiconductor
        product testing
        services                    53           56          203          214
                                 6,840       10,648       31,685       70,742
      Related-parties:
       System-on-a-chip
        products                 1,097        5,404       12,455       24,388
      Total revenues             7,937       16,052       44,140       95,130
    Cost of revenues:
      Third-parties:
       System-on-a-chip
        products                (4,337)      (5,914)     (21,322)     (35,090)
       Semiconductor
        product testing
        services                   (33)         (44)        (117)        (177)
                                (4,370)      (5,958)     (21,439)     (35,267)
      Related-parties:
       System-on-a-chip
        products                  (800)      (2,921)      (8,771)     (12,158)
      Total cost of
       revenues                 (5,170)      (8,879)     (30,210)     (47,425)
    Gross profit                 2,767        7,173       13,930       47,705
    Other operating income         595          159          918          797
    Gain on deemed
     disposal                       --           --        1,736           --
    Operating expenses:
      Research and
       development              (4,552)      (5,047)     (19,295)     (19,477)
      General and
       administrative           (2,249)      (2,746)      (8,812)     (10,399)
      Selling and
       marketing                  (244)        (449)      (1,115)      (1,694)
    Total operating
     expenses                   (7,045)      (8,242)     (29,222)     (31,570)
    (Loss) income from
     operations                 (3,683)        (910)     (12,638)      16,932
    Other income (expense)          29         (414)        (654)       1,213
    Dividend income                 20           --          440           20
    Fair value change in
     trading securities             --           44           40           92
    Interest income              2,679        3,147       10,977       11,912
    Interest expense                --           --          (57)          (4)
    Other-than-temporary
     impairment loss on
     investments                    --           --       (1,010)          --
    (Loss) income before
     income taxes, equity
     in net loss of
     an equity method
     investee and
     noncontrolling
     interest                     (955)       1,867       (2,902)      30,165
    Income tax credit
     (expense)                     152       (1,207)        (537)      (3,632)
    Equity in net loss of
     an equity method
     investee                     (302)        (216)        (826)        (576)

    Net (loss) income           (1,105)         444       (4,265)      25,957
    Less: Net income
     attributable to
     noncontrolling
     interest                       --          105          264          166
    Net (loss) income
     attributable to
     Actions Semiconductor
     Co., Ltd.                  (1,105)         549       (4,001)      26,123

    Net (loss) income per
     share-basic and
     diluted:
    Net (loss) income
     attributable to
     Actions Semiconductor
     Co., Ltd.                  (0.002)       0.001       (0.009)       0.052

    Basic and diluted (per
     ADS)                       (0.015)       0.007       (0.052)       0.312

    Weighted-average
     shares used in
     computation:
    Basic                  454,845,873  491,689,408  460,812,477  501,763,805
    Basic and diluted      454,845,873  491,689,408  460,812,477  501,763,805

    Weighted-average ADS
     used in computation :
    Basic                   75,807,646   81,948,235   76,802,080   83,627,301
    Basic and diluted       75,807,646   81,948,235   76,802,080   83,627,301

    Note: Stock
     compensation recorded
     in each expense
     classification
     above is as follows:
      Cost of revenues              --           46           --          112
      Research and
       development                 582          573        2,475        1,394
      General and
       administrative              316          273        1,335          662
      Selling and
       marketing                    43           52          196          127




                        ACTIONS SEMICONDUCTOR CO., LTD.
                CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
                         (in thousands of U.S. dollars)
                                        Three months    Year        Year
                                             ended      ended       ended
                                           December    December    December
                                           31, 2009    31, 2009    31, 2008
                                         (unaudited) (unaudited) (unaudited)
    Operating activities:
    Net (loss) income                        (1,105)     (4,265)     25,957
    Adjustments to reconcile net (loss)
     income to net cash provided by
      (used in) operating activities:
      Depreciation and amortization of
       property, plant and equipment            516       2,107       2,085
      Allowance for doubtful accounts
       receivable                                --         (56)        496
      Amortization of acquired intangible
       assets                                   475       2,833       3,232
      Utilization of subsidy from local
       authorities of Zhuhai, the
       People's Republic of China (PRC)          --        (226)       (602)
      Write down of inventories                  20         (16)        901
      (Gain) loss on disposal of
       property, plant and equipment              2          (5)         70
      Gain on disposal of other
       investment                                --          --          (6)
      Equity in net loss of an equity
       method investee                          302         826         576
      Share-based compensation                  941       4,006       2,295
      Fair value change in trading
       securities                                --         (40)        (92)
      Deferred taxes                           (178)        484       2,083
      Gain on disposal of a subsidiary           --      (1,736)         --
      Other-than-temporary impairment
       loss on investments                       --       1,010          --
      Changes in operating assets and
       liabilities:
        Proceeds from disposal of trading
         securities                              --      30,649      17,111
        Purchase of trading securities           --     (11,310)    (36,318)
        Accounts receivable                     907      (1,305)      2,169
        Amount due from a related party       2,421         967        (554)
        Notes receivable                         83          74         315
        Inventories                             224       3,462       3,611
       Amount due from an equity method
        investee                               (492)       (492)         52
        Prepaid expenses and other
         current assets                          67        (526)      1,601
        Accounts payable                     (2,189)       (301)     (8,999)
        Accrued expenses and other
         current liabilities                   (206)      1,664      (5,522)
        Income tax payable                      (33)        (93)       (576)
        Rental deposit paid                      22          (7)         45
    Net cash provided by operating
     activities                               1,777      27,704       9,930

    Investing activities:
      Increase in investment in affiliate        --      (1,500)     (3,000)
      Proceeds from the disposal of other
       investments                               --          44          --
      Purchases of other investments             --          --      (2,215)
      Decrease (Increase) in marketable
       securities                            48,022      37,233     (25,575)
      Proceeds from disposal of property,
       plant and equipment                        3          30          18
      Increase in deposit paid for
       acquisition of property, plant and
       equipment                                 --      (1,733)       (368)
      Purchase of property, plant and
       equipment                             (1,695)     (6,613)     (2,429)
      Purchase of intangible assets            (453)     (3,140)     (1,194)
      Decrease in restricted cash                40         439       1,389
      Decrease in time deposits                  --           7       2,691
      Cash outflow from disposal of
       subsidiary, net of cash equivalent
       disposed                                  --      (2,707)         --
    Net cash used in investing activities    45,917      22,060     (30,683)

    Financing activities:
      Repayment of short-term bank loan          --          (2)     (1,580)
      (Recognization) Advance subsidy
       from local authorities of Zhuhai
       and Shenzhen, the PRC                   (215)        750       1,025
      Proceeds from loan from minority
       shareholders                              --          --       1,500
      Repurchase of ordinary shares          (2,777)    (10,130)     (9,368)
      Proceeds on issue of shares of
       subsidiary                                --       1,885          --
    Net cash used in financing activities    (2,992)     (7,497)     (8,423)

    Net increase (decrease) in cash and
     cash equivalents                        44,702      42,267     (29,176)

    Cash and cash equivalents at the
     beginning of the period                 43,001      45,435      72,054

    Effect of exchange rate changes on
     cash                                         3           4       2,557
    Cash and cash equivalents at the end
     of the period                           87,706      87,706      45,435

Investors may listen to the live conference call by dialing 877-941-2321 or 480-629-9714 at 5:30 p.m. Eastern Time on February 3, 2010. An audio replay of the call will be available through February 5, 2010 by dialing 800-406-7325 or 303-590-3030 and entering passcode 4202663.

A live webcast of the call will be available on the Investor Relations section of the company's website: http://www.actions-semi....

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.... .

    For further information, please contact:

    The Blueshirt Group
     Lisa Laukkanen
     Tel:   +1-415-217-4967
     Email: lisa@blueshirtgroup.com

ZHUHAI, China, Nov. 5 /PRNewswire-Asia/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS - News), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) and multimedia digital signal processing (DSP) solutions for portable consumer electronics, today announced that Niccolo Chen, Chief Strategy Officer and General Manager, has been promoted to the position of Chief Executive Officer as Nan-Horng Yeh steps down from this position to pursue personal interests. Mr. Yeh will remain a board member. Additionally, the Board appointed Robin Pan as an independent director.

"We are pleased to promote Niccolo to the position of Chief Executive Officer and I am personally highly confident with his selection as my successor," stated Mr. Nan-Horng Yeh, former CEO of Actions Semiconductor. "Niccolo has been instrumental in the rapid expansion of research and development resources and in driving technological innovation at Actions. We believe that his exceptional knowledge of semiconductor technologies and tenure in the IC business will prove extremely useful for leading Actions through the next phase of growth. Chen has consistently demonstrated an ability to execute and foster success throughout his career and we look forward to the contributions he will make in his expanded role at Actions."

Chen joined Actions in 2007 as General Manager and was promoted to Chief Strategy Officer earlier this year. In this capacity, Chen has spearheaded the successful development and market penetration of Actions' second generation SoCs and is leading the innovation of third generation SoCs. Prior to working at Actions, Chen held a number of technical positions at Realtek Semiconductor Corp. from 1992 through 2006, recently serving as Chief Technology Officer and Executive Vice President of Realtek's China subsidiary, Realsil. As CTO at Realtek, Chen developed a number of industry leading technologies that were instrumental in creating the foundation for Realtek's success, including the networking transceiver IC, PC audio IC, Wi-Fi SoC and TV/Monitor SoC. Prior to that, Chen worked as the engineer of process technology development department at UMC. Chen received a Bachelor of Science in Electrical Engineering and Master of Science in Electrical Engineering from National Taiwan University.

Nan-Horng Yeh is stepping down from the Chief Executive Officer position to pursue personal interests and will maintain his role as director on the board. Yeh has served as CEO at Actions since 2005.

"On behalf of the Board, I would like to extend our appreciation to Nan for his unprecedented contributions to Actions over the past four years," commented David Lee, Chairman of Actions' Board. "Nan has established a strong position for Actions in the PMP market, built an expanded IP portfolio, conducted effective cost reductions, and set up an outstanding R&D team for the next phase of Actions business."

The appointment of Mr. Pan to the Board of Directors is in conjunction with the resignation of Paul Hsiao, who has served as a director since 2005. Mr. Hsiao resigned to devote more time to other activities. With these changes, the number of members on board of directors remains seven.

Mr. I-Ming (Robin) Pan currently serves as the Chief Executive Officer of Ambiwin Technology Inc. He previously served as Vice President of Marketing at PQ International Co. from 2007 to 2008 and Vice President of Sales at Sinostar Technology Ltd. from 2005 to 2006. Pan also co-founded and served as the President and Chief Operating Officer of GMI Technology Inc. from 1995 to 2005. Pan holds a Bachelor degree in Electrical Engineering from Chung Yuan Christian University in Taiwan.

"We are very pleased to have Robin Pan join our Board of Directors," stated David Lee, Chairman of Action's Board. "Mr. Pan brings over 20 years of experience in sales and marketing and channel management for electronic components to Actions. On behalf of the Board, I would also like to extend our appreciation to Paul for his dedication and invaluable contributions to Actions over the last four years."

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.... .

    For further information, please contact:

    The Blueshirt Group
     Lisa Laukkanen
     Email: lisa@blueshirtgroup.com
     Tel:   +1-415-217-4967

    Investor Relations at Actions Semiconductor
     Edward Chen
     Email: edward@actions-semi.com
     Tel:   +86-756-3392353 x1110

All financial results are reported on a U.S. GAAP basis.

Revenue for the third quarter of 2009 was $13.4 million, as compared to revenue of $10.5 million for the second quarter of 2009, and $27.3 million for the third quarter of 2008.

Net loss attributable to Actions Semiconductor shareholders for the third quarter of 2009 was $0.6 million, or ($0.01) per ADS, compared to net loss attributable to Actions Semiconductor shareholders of $0.8 million, or ($0.01) per ADS, for the second quarter of 2009, and net income attributable to Actions Semiconductor shareholders of $7.3 million, or $0.09 per ADS, for the third quarter of 2008.

Gain on deemed disposal of $1.7 million was recorded in the third quarter, as a result of diluting our share ownership in Actions Beijing from 80% as a subsidiary to 35% as an equity method invested company.

Actions Semiconductor reported gross margin of 30.8% for the third quarter of 2009. Actions Semiconductor ended the quarter with $43.1 million in cash and cash equivalents together with time deposits. Marketable securities, current and non-current, at the end of the quarter were $211.7 million.

Since the share repurchase programs started in 2007, the Company has invested approximately $23.4 million in repurchasing its shares. As of September 30, 2009, approximately 9.8 million American Depositary Shares (ADSs) were repurchased.

"Our third quarter results were driven by improving demand in our automotive MP3 and low end as well as advanced Portable Media Player ("PMP") product categories," stated Mr. Nan-Horng Yeh, CEO of Actions Semiconductor. "During the third quarter, our market share in these product categories continued to grow and sales in these categories accounted for more than half of our total revenue. We are pleased to report an improvement in gross margin for the third quarter compared to the second quarter of 2009, which reflects the positive impact from our manufacturing cost reduction initiatives as we have been migrating to a smaller geometry. As the challenging operating environment continues, our management team remains focused on strengthening our competitive position, closely managing costs, and maintaining our strong balance sheet. We continue to believe that our differentiators are our operating flexibility, unique business model, and commitment to technological innovation."

Business Outlook

The following statements are based upon management's current expectations. These statements are forward-looking, and actual results may differ materially. The company undertakes no obligation to update these statements.

For the fourth quarter of fiscal year 2009 ending December 31, 2009, Actions Semiconductor estimates revenue in the range of $8.5 to $10.5 million, gross margin of 27%-30%, and operating expenses slightly higher on a sequential basis. The fourth quarter 2009 estimates include share-based compensation expense in the range of $0.9 to $1.0 million.

Conference Call Details

Actions Semiconductor's third quarter 2009 teleconference and webcast is scheduled to begin at 5:30 p.m. Eastern Time, on Thursday, November 5, 2009. To participate in the live call, analysts and investors should dial 877-941- 2069 (within U.S.) or +1-480-629-9713 (outside U.S.) at least ten minutes prior to the call. Actions Semiconductor will also offer a live and archived webcast of the conference call, accessible from the "Investor Relations" section of the company's website at http://www.actions-semi.... . An audio replay of the call will be available to investors through November 7, 2009, by dialing 800-406-7325 (within U.S.) or +1-303-590-3030 (outside U.S.) and entering the passcode 4164742.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.... .

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Actions Semiconductor undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.

    For further information, please contact:

    The Blueshirt Group
     Lisa Laukkanen
     Email: lisa@blueshirtgroup.com
     Tel:   +1-415-217-4967

    Investor Relations at Actions Semiconductor
     Edward Chen
     Email: edward@actions-semi.com
     Tel:   +86-756-3392353 x1110



                         ACTIONS SEMICONDUCTOR CO., LTD.
                      CONSOLIDATED CONDENSED BALANCE SHEET
                         (in thousands of U.S. dollars)

                                        At September    At June  At December
                                               30,          30,         31,
                                              2009         2009        2008
                                         (unaudited)  (unaudited)  (audited)
    ASSETS
    Current assets:
        Cash and cash equivalents             43,001      76,222      45,435
        Time deposits                             62         107          61
        Restricted cash                           40         399         440
        Marketable securities                158,682     159,282     201,151
        Trading securities                        --          --      19,299
        Accounts receivable, net               2,798       3,142       2,435
        Amount due from related parties        2,951         936       1,497
        Notes receivable                          83          64          74
        Inventories                            4,743       6,301       8,720
        Prepaid expenses and other
         current assets                        1,325       2,394       1,532
        Deferred tax assets                      343         674         686
        Income tax receivable                     --         187          --
    Total current assets                     214,028     249,708     281,330

        Investment in equity method
         investee                              5,276       3,802       4,142
        Other investments                      6,158       7,153       7,044
        Marketable securities                 53,053      23,756          --
        Rental deposits                           68          60          39
        Property, plant and equipment,
         net                                  12,143       9,417       7,144
        Land use right                         1,554       1,561       1,580
        Acquired intangible assets, net        3,544       4,157       4,197
        Deposit paid for acquisition of
         property, plant and equipment           182       1,333         403
        Deferred tax assets                      163         178         206
    TOTAL ASSETS                             296,169     301,125     306,085

    LIABILITIES AND SHAREHOLDER'S EQUITY
    Current liabilities:
        Accounts payable                       4,544       5,824       4,050
        Accrued expenses and other
         current liabilities                   3,829       4,512       6,846
        Other liabilities                      2,292       2,313       1,818
        Loan from minority shareholders           --       1,500       1,500
        Income tax payable                       162           9         221
        Deferred tax liabilities                 416         842         480
    Total current liabilities                 11,243      15,000      14,915

    Other liabilities                            366          --         249
    Deferred tax liabilities                   2,091       1,963       1,750
    Total liabilities                         13,700      16,963      16,914

    Equity:
    Actions Semiconductor Co. Ltd
     shareholders' equity:
        Ordinary shares                            1           1           1
        Additional paid-in capital            33,259      33,352      36,606
        Accumulated other comprehensive
         income                               20,059      20,239      20,483
        Retained earnings                    229,150     229,780     232,046
        Total Actions Semiconductor
         Co., Ltd. shareholders' equity      282,469     283,372     289,136
        Noncontrolling interest                   --         790          35
        Total equity                         282,469     284,162     289,171
    TOTAL LIABILITIES AND EQUITY             296,169     301,125     306,085



                   ACTIONS SEMICONDUCTOR CO., LTD.
           CONSOLIDATED CONDENSED STATEMENT OF OPERATIONS
      (in thousands of U.S. dollars, except per share amounts)

                          Three months Three months  Nine months  Nine months
                               ended        ended        ended        ended
                             September    September    September    September
                              30, 2009     30, 2008     30, 2009     30, 2008
                            (unaudited)  (unaudited)  (unaudited)  (unaudited)

    Revenues:
        Third-parties:
        System-on-a-chip
         products                9,059       19,062       24,695       59,936
        Semiconductor
         product testing
         services                   66           82          150          157
                                 9,125       19,144       24,845       60,093
        Related-parties:
        System-on-a-chip
         products                4,307        8,154       11,358       18,984
        Total revenues          13,432       27,298       36,203       79,077
    Cost of revenues:
        Third-parties:
        System-on-a-chip
         products               (6,303)      (9,207)     (16,984)     (29,173)
        Semiconductor
         product testing
         services                  (26)         (64)         (85)        (133)
                                (6,329)      (9,271)     (17,069)     (29,306)
        Related-parties:
        System-on-a-chip
         products               (2,964)      (4,184)      (7,971)      (9,240)
        Total cost of
         revenues               (9,293)     (13,455)     (25,040)     (38,546)
    Gross profit                 4,139       13,843       11,163       40,531
    Other operating income          50           59          323          636
    Gain on deemed
     disposal                    1,736           --        1,736           --
    Operating expenses:
        Research and
         development            (5,077)      (4,842)     (14,743)     (14,430)
        General and
         administrative         (2,394)      (2,932)      (6,564)      (7,653)
        Selling and
         marketing                (290)        (419)        (870)      (1,245)
    Total operating
     expenses                   (7,761)      (8,193)     (22,177)     (23,328)
    (Loss) income from
     operations                 (1,836)       5,709       (8,955)      17,839
    Other income (expense)          42         (784)        (684)       1,628
    Dividend income                420           20          420           20
    Fair value change in
     trading securities             --           48           42           48
    Interest income              2,307        3,421        8,297        8,766
    Interest expense                --           --          (59)          (4)
    Other-than-temporary
     impairment loss on
     investments                (1,010)          --       (1,010)          --
    (Loss) income before
     income taxes, equity
     in net loss of
     an equity method
     investee and
     noncontrolling
     interest                      (77)       8,414       (1,949)      28,297
    Income tax expense            (446)      (1,048)        (688)      (2,424)
    Equity in net loss of
     an equity method
     investee                     (183)        (116)        (523)        (360)

    Net (loss) income             (706)       7,250       (3,160)      25,513
    Less: Net income
     attributable to
     noncontrolling
     interest                       76           34          264           61
    Net (loss) income
     attributable to
     Actions Semiconductor
     Co., Ltd.                    (630)       7,284       (2,896)      25,574

    Net (loss) income per
     share-basic and
     diluted:
    Net (loss) income
     attributable to
     Actions Semiconductor
     Co., Ltd.                  (0.001)       0.015       (0.006)       0.051

    Basic and diluted (per
     ADS)                       (0.008)       0.087       (0.038)       0.304

    Weighted-average
     shares used in
     computation:
    Basic                  458,739,496  501,332,494  462,823,200  505,195,617
    Basic and diluted      458,739,496  501,332,494  462,823,200  505,195,617

    Weighted-average ADS
     used in computation :
    Basic                   76,456,583   83,555,416   77,137,200   84,199,270
    Basic and diluted       76,456,583   83,555,416   77,137,200   84,199,270

    Note: Stock
     compensation recorded
     in each expense
     classification
     above is as follows:
        Cost of revenues            --           46           --           66
        Research and
         development               561          573        1,893          821
        General and
         administrative            326          272        1,019          389
        Selling and
         marketing                  46           52          153           75




                         ACTIONS SEMICONDUCTOR CO., LTD.
                 CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
                         (in thousands of U.S. dollars)

                                       Three months  Nine months  Nine months
                                            ended       ended       ended
                                          September   September   September
                                           30, 2009   30, 2009     30, 2008
                                         (unaudited) (unaudited) (unaudited)
    Operating activities:
    Net (loss) income attributable to
     Actions Semiconductor Co., Ltd.            (630)     (2,896)     25,574
    Adjustments to reconcile net (loss)
     income to net cash provided by (used
     in) operating activities:

        Depreciation and amortization of
         property, plant and equipment           514       1,591       1,518
        Reversal for doubtful accounts
         receivable                               60          --          --
        Amortization of acquired
         intangible assets                       778       2,358       2,444
        Utilization of subsidy from local
         authorities of Zhuhai, the
         People's Republic of China (PRC)         --        (226)         --
        Write down of inventories                 40         (36)         --
        (Gain) loss on disposal of
         property, plant and equipment            --          (7)         63
        Gain on disposal of other
         investment                               --          --          (6)
        Dividend income                           --          --         (20)
        Equity in net loss of an equity
         method investee                         184         524         360
        Share-based compensation                 933       3,065       1,351
        Fair value change in trading
         securities                               --         (40)        (48)
        Proceeds from disposal of trading
         securities                               --      30,649          --
        Purchase of trading securities            --     (11,310)         --
        Net income attributable to
         noncontrolling interest                 (76)       (264)        (64)
        Deferred taxes                            49         662       1,100
        Gain on disposal of a subsidiary      (1,736)     (1,736)         --
        Other-than-temporary impairment
         loss on investments                   1,010       1,010          --
        Changes in operating assets and
         liabilities:
        Accounts receivable                   (1,621)     (2,268)     (2,834)
        Amount due from a related party       (2,015)     (1,454)         --
        Notes receivable                         (19)         (9)        183
        Inventories                              750       3,238       5,274
        Prepaid expenses and other
         current assets                          273        (593)        681
        Amount due from an affiliate              --          --          52
        Accounts payable                         109       1,888      (5,799)
        Accrued expenses and other
         current liabilities                   4,073       1,870        (497)
        Income tax receivable                    187          --          --
        Income tax payable                       152         (60)       (244)
        Rental deposit paid                       (8)        (29)         (3)
    Net cash provided by operating
     activities                                3,007      25,927      29,085

    Investing activities:
        Dividend from other investment            --          --          20
        Increase in investment in
         affiliate                            (1,500)     (1,500)         --
        Proceeds from the disposal of
         other investments                        44          44          --
        Deposit paid to establish an
         investment                               --          --     (10,239)
        Purchases of other investments            --          --        (165)
        Increase in marketable securities    (28,631)    (10,789)    (19,023)
        Purchases of trading securities           --          --     (26,402)
        Proceeds from disposal of trading
         securities                               --          --      17,111
        Proceeds from disposal of
         property, plant and equipment            --          27          18
        Increase in deposit paid for
         acquisition of property, plant
         and equipment                            --      (1,733)         --
        Purchase of property, plant and
         equipment                            (2,810)     (4,918)     (1,906)
        Purchase of intangible assets           (502)     (2,687)       (977)
        Decrease (increase) in restricted
         cash                                    359         399      (4,998)
        Decrease in time deposits                 49           7       2,690
        Cash outflow from disposal of
         subsidiary, net of cash
         equivalent disposed                  (2,707)     (2,707)         --
    Net cash used in investing activities    (35,698)    (23,857)    (43,871)

    Financing activities:
        Repayment of short-term bank loan         --          (2)     (1,580)
        Advance subsidy from local
         authorities of Zhuhai and
         Shenzhen, the PRC                       490         965        (334)
        Proceeds from loan from minority
         shareholders                             --          --       1,500
        Repurchase of ordinary shares         (1,025)     (7,353)     (6,246)
        Proceeds on issue of shares of
         subsidiary                               --       1,885          --
    Net cash used in financing activities       (535)     (4,505)     (6,660)

    Net decrease in cash and cash
     equivalents                             (33,226)     (2,435)    (21,446)

    Cash and cash equivalents at the
     beginning of the period                  76,222      45,435      72,054

    Effect of exchange rate changes on
     cash                                          5           1       2,678
    Cash and cash equivalents at the end
     of the period                            43,001      43,001      53,286

All financial results are reported on a U.S. GAAP basis.

Revenue for the second quarter of 2009 was $10.5 million, as compared to revenue of $12.2 million for the first quarter of 2009, and $26.6 million for the second quarter of 2008.

Net loss attributable to Actions Semiconductor shareholders for the second quarter of 2009 was $0.8 million, or $0.01 per ADS, compared to net loss attributable to Actions Semiconductor shareholders of $1.5 million, or $0.02 per ADS, for the first quarter of 2009, and net income attributable to Actions Semiconductor shareholders of $7.6 million, or $0.09 per ADS, for the second quarter of 2008.

Actions Semiconductor reported gross margin of 27.7% for the second quarter of 2009. Actions Semiconductor ended the quarter with $76.3 million in cash and cash equivalents together with time deposits. Marketable securities, current and non-current, at the end of the quarter were $183.0 million.

Since the share repurchase programs started in 2007, the Company has invested approximately $22.4 million in repurchasing its shares. As of June 30, 2009, over 9.3 million American Depositary Shares (ADSs) were repurchased.

"We are pleased to report a sequential improvement in our bottom line results and to deliver revenue within our guidance range as we continue to operate in an extremely difficult environment," stated Mr. Nan-Horng Yeh, CEO of Actions Semiconductor. "During the quarter, our products targeting both the fast growing low end and advanced market segments experienced increased demand, impacting our gross margin, which came in slightly below our original expectations for the quarter. The management team remains committed to further cost controls and balance sheet preservation to maximize near term operating flexibility while working diligently to execute our growth strategy and strategically position ourselves in anticipation of market recovery. As we continue to target and develop new sales channels, we are maintaining our focus on technological innovation and commitment to delivering superior functionality," concluded Mr. Yeh.

Business Outlook

The following statements are based upon management's current expectations. These statements are forward-looking, and actual results may differ materially. The company undertakes no obligation to update these statements.

For the third quarter of fiscal year 2009 ending September 30, 2009, Actions Semiconductor estimates revenue in the range of $11 to $13 million, gross margin of 25%-30%, and operating expenses slightly higher on a sequential basis. The third quarter 2009 estimates include share-based compensation expense in the range of $0.9 to $1.0 million.

Conference Call Details

Actions Semiconductor's second quarter 2009 teleconference and webcast is scheduled to begin at 5:30 p.m. Eastern Time, on Monday, August 3, 2009. To participate in the live call, analysts and investors should dial 877-941-8416 (within U.S.) or +1-480-629-9808 (outside U.S.) at least ten minutes prior to the call. Actions Semiconductor will also offer a live and archived webcast of the conference call, accessible from the "Investor Relations" section of the company's website at http://www.actions-semi.... . An audio replay of the call will be available to investors through August 5, 2009, by dialing 800-406-7325 (within U.S.) or +1-303-590-3030 (outside U.S.) and entering the passcode 4117082.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.... .

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Actions Semiconductor undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.

    For further information, please contact:

    Investor Contacts:
    The Blueshirt Group
     Lisa Laukkanen
     Tel:   +1-415-217-4967
     Email: lisa@blueshirtgroup.com

    Actions Semiconductor
     Jimmy Liu
     Investor Relations
     Tel:   +86-21-5080-3900 x1211
     Email: jimmy@actions-semi.com



                         ACTIONS SEMICONDUCTOR CO., LTD.
                      CONSOLIDATED CONDENSED BALANCE SHEET
                         (in thousands of U.S. dollars)

                                            At June    At March  At December
                                           30, 2009    31, 2009     31, 2008
                                         (unaudited) (unaudited)   (audited)
    ASSETS
    Current assets:
        Cash and cash equivalents             76,222      43,696      45,435
        Time deposits                            107         103          61
        Restricted cash                          399         439         440
        Marketable securities                159,282     187,144     201,151
        Trading securities                        --       7,076      19,299
        Accounts receivable, net               3,142       2,502       2,435
        Amount due from a related party          936       1,654       1,497
        Notes receivable                          64         112          74
        Inventories                            6,301       6,737       8,720
        Prepaid expenses and other
         current assets                        2,394       1,847       1,532
        Deferred tax assets                      674         750         686
        Income tax receivable                    187          --          --
    Total current assets                     249,708     252,060     281,330

        Investment in equity method
         investee                              3,802       3,963       4,142
        Other investments                      7,153       7,138       7,044
        Marketable securities                 23,756      23,742          --
        Rental deposits                           60          60          39
        Property, plant and equipment,
         net                                   9,417       6,914       7,144
        Land use right                         1,561       1,569       1,580
        Acquired intangible assets, net        4,157       3,750       4,197
        Deposit paid for acquisition of
         property, plant and equipment         1,333       2,136         403
        Deferred tax assets                      178         191         206
    TOTAL ASSETS                             301,125     301,523     306,085

    LIABILITIES AND SHAREHOLDER'S EQUITY
    Current liabilities:
        Accounts payable                       5,824       5,093       4,050
        Accrued expenses and other
         current liabilities                   4,512       4,086       6,846
        Other liabilities                      2,313       1,960       1,818
        Loan from minority shareholders        1,500       1,500       1,500
        Short-term bank loan                      --       2,926          --
        Income tax payable                         9         221         221
        Deferred tax liabilities                 842         746         480
    Total current liabilities                 15,000      16,532      14,915

    Other liabilities                             --         176         249
    Deferred tax liabilities                   1,963       1,933       1,750
    Total liabilities                         16,963      18,641      16,914
    Equity:
    Actions Semiconductor Co., Ltd.
     shareholders' equity:
        Ordinary shares                            1           1           1
        Additional paid-in capital            33,352      32,102      36,606
        Accumulated other comprehensive
         income                               20,239      20,270      20,483
        Retained earnings                    229,780     230,557     232,046
        Actions Semiconductor Co., Ltd.
         shareholders' equity                283,372     282,930     289,136
        Noncontrolling interest                  790         (48)         35
        Total equity                         284,162     282,882     289,171
    TOTAL LIABILITIES AND SHAREHOLDERS'
     EQUITY                                  301,125     301,523     306,085



                         ACTIONS SEMICONDUCTOR CO., LTD.
                     CONSOLIDATED CONDENSED INCOME STATEMENT
             (in thousands of U.S. dollars, except per share amounts)

                           Three months Three months  Six months   Six months
                               ended        ended        ended        ended
                              June 30,     June 30,     June 30,     June 30,
                                2009         2008         2009         2008
                            (unaudited)  (unaudited)  (unaudited)  (unaudited)
    Revenues:
        Third-parties:
        System-on-a-chip
         products                7,406       20,434       15,636       40,874
        Semiconductor
         product testing
         services                   49           43           84           75
                                 7,455       20,477       15,720       40,949
        Related-parties:
        System-on-a-chip
         products                3,077        6,109        7,051       10,830
        Semiconductor
         product testing
         services                   --           --           --           --
                                 3,077        6,109        7,051       10,830
        Total revenues          10,532       26,586       22,771       51,779
    Cost of revenues:
        Third-parties:
        System-on-a-chip
         products               (5,306)     (10,339)     (10,681)     (19,966)
        Semiconductor
         product testing
         services                  (27)         (33)         (59)         (69)
                                (5,333)     (10,372)     (10,740)     (20,035)
        Related-parties:
        System-on-a-chip
         products               (2,284)      (2,899)      (5,007)      (5,056)
        Semiconductor
         product testing
         services                   --           --           --           --
                                (2,284)      (2,899)      (5,007)      (5,056)
        Total cost of
         revenues               (7,617)     (13,271)     (15,747)     (25,091)
    Gross profit                 2,915       13,315        7,024       26,688
    Other operating income           6          245          273          577
    Operating expenses:
        Research and
         development            (4,956)      (5,834)      (9,666)      (9,588)
        General and
         administrative         (1,795)      (2,873)      (4,170)      (4,721)
        Selling and
         marketing                (290)        (418)        (580)        (826)
    Total operating
     expenses                   (7,041)      (9,125)     (14,416)     (15,135)
    (Loss) income from
     operations                 (4,120)       4,435       (7,119)      12,130
    Other income (expense)         161          885         (726)       2,412
    Fair value change in
     trading securities              1           --           42           --
    Interest income              3,116        2,822        5,990        5,345
    Interest expense               (32)          --          (59)          (4)
    (Loss) income before
     income taxes, equity
     in net loss of an
     equity method
     investee and
     noncontrolling
     interest                     (874)       8,142       (1,872)      19,883

    Income tax credit
     (expense)                     153         (385)        (242)      (1,376)
    Equity in net loss of
     an equity method
     investee                     (161)        (120)        (340)        (244)

    Net (loss) income             (882)       7,637       (2,454)      18,263
    Less: Net income (loss)
     attributable to
     noncontrolling
     interest                      105          (45)         188           27
    Net (loss) income
     attributable to
     Actions Semiconductor
     Co., Ltd.                    (777)       7,592       (2,266)      18,290

    Net (loss) income per
     share-basic and
     diluted:
    Net (loss) income
     attributable to
     Actions Semiconductor
     Co., Ltd.                  (0.002)       0.015       (0.005)       0.036

    Basic and diluted (per
     ADS)                       (0.010)       0.090       (0.029)       0.216

    Weighted-average
     shares used in
     computation:
    Basic                  461,911,062  506,576,005  464,898,891  507,148,405
    Basic and diluted      461,911,062  506,576,005  464,898,891  507,148,405

    Weighted-average ADS
     used in computation :
    Basic                   76,985,177   84,429,334   77,483,149   84,524,734
    Basic and diluted       76,985,177   84,429,334   77,483,149   84,524,734

    Note: Stock compensation recorded in each expense classification above is
          as follows:
        Cost of revenues            --           20           --           20
        Research and
         development               681          248        1,332          248
        General and
         administrative            351          117          693          117
        Selling and
         marketing                  54           23          107           23



                        ACTIONS SEMICONDUCTOR CO., LTD.
                CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
                         (in thousands of U.S. dollars)

                                       Three months  Six months  Six months
                                         ended June  ended June  ended June
                                           30, 2009    30, 2009    30, 2008
                                         (unaudited) (unaudited) (unaudited)
    Operating activities:
    Net (loss) income attributable to
     Actions Semiconductor Co., Ltd.           (777)     (2,266)     18,290
    Adjustments to reconcile net (loss)
     income to net cash provided by (used
     in) operating activities:

        Depreciation and amortization of
         property, plant and equipment          533       1,077         993
        Reversal for doubtful accounts
         receivable                              --         (60)         --
        Amortization of acquired
         intangible assets                      766       1,580       1,574
        Utilization of subsidy from local
         authorities of Zhuhai, the
         People's Republic of China (PRC)        --        (226)         --
        Write down of inventories              (202)        (76)         --
        (Gain) loss on disposal of
         property, plant and equipment           --          (7)         62
        Gain on disposal of other
         investment                              --          --          (6)
        Equity in net loss of an equity
         method investee                        161         340         244
        Share-based compensation              1,086       2,132         408
        Fair value change in trading
         securities                               1         (40)         --
        Proceeds from disposal of trading
         securities                           7,075      30,649          --
        Purchase of trading securities           --     (11,310)         --
        Net Loss (income) attributable to
         noncontrolling interest              1,780       1,697         (30)
        Deferred taxes                          213         613         605
        Changes in operating assets and
         liabilities:
        Accounts receivable                    (640)       (647)        372
        Amount due from a related party         718         561          --
        Notes receivable                         48          10         193
        Inventories                             642       2,488       5,795
        Prepaid expenses and other
         current assets                        (545)       (866)        464
        Amount due from an affiliate             --          --          52
        Accounts payable                        729       1,779      (4,665)
        Accrued expenses and other
         current liabilities                    387      (2,203)     (5,433)
        Income tax receivable                  (187)       (187)         --
        Income tax payable                     (212)       (212)       (229)
        Rental deposit paid                      --         (21)         (3)
    Net cash provided by operating
     activities                              11,576      24,805      18,686

    Investing activities:
        Purchases of other investments           --          --        (115)
        Sales of marketable securities       27,971      17,842      35,143
        Proceeds from disposal of
         property, plant and equipment           --          27          --
        Increase in deposit paid for
         acquisition of property, plant
         and equipment                           --      (1,733)         --
        Purchase of property, plant and
         equipment                           (1,768)     (2,108)       (857)
        Purchase of intangible assets        (1,773)     (2,185)       (608)
        Decrease in restricted cash              40          40       1,079
        (Increase) decrease in time
         deposits                                --         (42)      2,484
    Net cash provided by investing
     activities                              24,470      11,841      37,126

    Financing activities:
        Repayment of short-term bank loan    (2,928)         (2)     (1,580)
        Advance subsidy from local
         authorities of Zhuhai, the PRC         176         475        (438)
        Proceeds from loan from minority
         shareholders                            --          --       1,500
        Repurchase of ordinary shares          (778)     (6,328)     (2,495)
    Net cash used in financing activities    (3,530)     (5,855)     (3,013)

    Net increase in cash and cash
     equivalents                             32,516      30,791      52,799

    Cash and cash equivalents at the
     beginning of the period                 43,696      45,435      72,054

    Effect of exchange rate changes on
     cash                                        10          (4)      1,892
    Cash and cash equivalents at the end
     of the period                           76,222      76,222     126,745

Investors may listen to the live conference call by dialing 877-941-8416 or 480-629-9808 at 5:20 p.m. Eastern Time on August 3, 2009. An audio replay of the call will be available through August 5, 2009 by dialing 800-406-7325 or 303-590-3030 and entering passcode 4117082.

A live webcast of the call will be available on the Investor Relations section of the company's website: http://www.actions-semi.... .

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.... .

    For more information, please contact:

    Investor Contacts:
     Lisa Laukkanen
     The Blueshirt Group
     Email: lisa@blueshirtgroup.com
     Tel:   +1-415-217-4967

     Jimmy Liu
     Investor Relations at Actions Semiconductor
     Email: jimmy@actions-semi.com
     Tel:   +86-21-5080-3900 x1211

At this year's AGM, the reelection of David Lee and Yu-Hsin Lin, was approved by 87% of 243,037,760 ordinary shares voted and the appointment of Jun Tse Huang as director by 99% of 243,037,760 ordinary shares voted. Mr. Huang replaces Tzu-Yin Chiu, who has resigned to devote more time to other activities. The total number of members of the board of directors remains seven.

"We are pleased that our shareholders demonstrated continued support for our board of directors," stated Mr. Nan-Horng Yeh, CEO of Actions Semiconductor. "We look forward to the ongoing contributions from our existing directors as well as our newly appointed director, Mr. Huang, as they collectively contribute a wealth of knowledge and experience to Actions."

Mr. Jun Tse Huang currently serves as the CEO of Colorwind Technology Corporation, a position he has held since 2004. From 2001 to 2003, he was a Vice President of the Overseas department at the Guangzhou Risun Information Technology Group. Prior to that, starting in 1999, Mr. Huang served as an Executive Vice President at Global Brand Manufacturing Corporation, a Taiwan Stock Exchange listed company. From 1995 to 1998, he served as an Executive Vice President in Proview Group, a Hong Kong Stock Exchange listed company. And prior to that he was as a Vice President of Purchasing at Elitegroup Computer Systems Co., Ltd, a Taiwan Stock Exchange listed company. Mr. Huang holds a Bachelor degree in Electrical Engineering from Tamkang University in Taiwan.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.... .

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Actions Semiconductor undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.

    For more information, please contact:

    Actions Semiconductor
     Jimmy Liu
     Investor Relations
     Tel:   +86-21-5080-3900 ext. 1211
     Email: jimmy@actions-semi.com

    The Blueshirt Group
     Lisa Laukkanen
     Tel:   +1-415-217-4967
     Email: lisa@blueshirtgroup.com

All financial results are reported on a U.S. GAAP basis.

Revenue for the first quarter of 2009 was $12.2 million, as compared to revenue of $16.1 million for the fourth quarter of 2008, and $25.2 million for the first quarter of 2008.

Net loss attributable to Actions Semiconductor shareholders for the first quarter of 2009 was $1.5 million, or $0.02 per ADS, compared to net income attributable to Actions Semiconductor shareholders of $0.5 million, or $0.01 per ADS, for the fourth quarter of 2008, and net income attributable to Actions Semiconductor shareholders of $10.7 million, or $0.13 per ADS, for the first quarter of 2008.

Actions Semiconductor reported gross margin of 33.6% for the first quarter of 2009. Actions Semiconductor ended the quarter with $43.8 million in cash and cash equivalents together with time deposits. Trading securities and marketable securities, current and non-current, at the end of the quarter were $218.0 million.

Since the share repurchase programs started in year 2007, the Company has invested approximately $21.6 million in repurchasing its shares. As of March 31, 2009, over 8.9 million American Depositary Shares (ADSs) were repurchased.

"We delivered first quarter revenue slightly above our original expectations. Our revenue in the first quarter was driven by an increase in sales of our low end products," stated Mr. Nan-Horng Yeh, CEO of Actions Semiconductor. "As demand levels for consumer electronics continue to be impacted by the economic crisis, we believe that investing our resources in new product development with a focus on gaining traction in new geographies and end markets remains an important component of our long-term growth strategy."

"We are committed to continued cost reduction programs as the preservation of our solid balance sheet and strong cash position is a fundamental priority for our management team. We believe that our sound financials, coupled with our market position and superior product functionality, uniquely positions us with leading market share and operating flexibility in this challenging environment," concluded Mr. Yeh.

Business Outlook

The following statements are based upon management's current expectations. These statements are forward-looking, and actual results may differ materially. The company undertakes no obligation to update these statements.

For the second quarter of fiscal year 2009 ending June 30, 2009, Actions Semiconductor estimates revenue in the range of $9 to $12 million, gross margin of 30%-35%, and operating expenses slightly higher on a sequential basis. The second quarter 2009 estimates include share-based compensation expense in the range of $1.0 to $1.2 million.

Conference Call Details

Actions Semiconductor's first quarter 2009 teleconference and webcast is scheduled to begin at 5:30 p.m. Eastern Time, on Wednesday, May 6, 2009. To participate in the live call, analysts and investors should dial 877-941-1469 (within U.S.) or 480-629-9678 (outside U.S.) at least ten minutes prior to the call. Actions Semiconductor will also offer a live and archived webcast of the conference call, accessible from the "Investor Relations" section of the company's website at http://www.actions-semi.... . An audio replay of the call will be available to investors through May 8, 2009, by dialing 800-406-7325 (within U.S.) or 303-590-3030 (outside U.S.) and entering the passcode 4061306.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.... .

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Actions Semiconductor undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.

    For further information, please contact:

    Actions Semiconductor
     Jimmy Liu
     Investor Relations
     Tel:   +86-21-5080-3900 x1211
     Email: jimmy@actions-semi.com

    The Blueshirt Group
     Lisa Laukkanen
     Tel:   +1-415-217-4967
     Email: lisa@blueshirtgroup.com

The Series 3 product line will be featured in audio media players and personal media player products with mono displays. Actions' Series 3 features a highly integrated design and pin-to-pin compatibility with the Series 11 product line while reducing material costs, R&D efforts for downstream customers and time to market. The Series 3 boasts significant improvements in power management, increasing power efficiency by over 30%, and features a new USB function and is compatible with SD/MMC/MS cards for enhanced transfer speeds.

Actions' new Automotive Series features a 48-pin cost effective design and is compatible with all of the three storage bases typical in the automotive segment: host, NAND flash and cards. This new product line will replace the automotive solutions of its ATJ2063 product family.

"We are very excited to further expand our product portfolio and offer these new product lines to our customers. Both the Series 3 and Automotive Series products are targeted at value oriented end markets, a sector of the consumer electronics market that has experienced significant growth, particularly in China and other emerging markets," stated Mr. Nan-Horng Yeh, CEO of Actions Semiconductor.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Actions Semiconductor undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.

    Investor Contacts:
    Lisa Laukkanen              Jimmy Liu
    The Blueshirt Group         Investor Relations at Actions Semiconductor
    lisa@blueshirtgroup.com     jimmy@actions-semi.com
    415-217-4967                +86-21-5080-3900*1211

To listen to the live conference call, please dial 877-941-1469 (within U.S.) or +1-480-629-9678 (outside U.S.) at 5:20 p.m. Eastern Time (ET) on May 6, 2009. An audio replay of the call will be available to investors through May 8, 2009, by dialing 800-406-7325 (within U.S.) or +1-303-590-3030 (outside U.S.) and entering the passcode 4061306.

A live webcast of the call will be available from the "Investor Relations" section of the company's website at http://www.actions-semi.com .

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com .

    For more information, please contact:

    The Blueshirt Group
     Lisa Laukkanen
     Email: lisa@blueshirtgroup.com
     Tel:   +1-415-217-4967

    Actions Semiconductor
     Jimmy Liu
     Investor Relations
     Email: jimmy@actions-semi.com
     Tel:   +86-21-5080-3900 x1211

The conference will be held at The Palace Hotel in San Francisco, CA. A live webcast of Actions Semiconductor's presentation will be available on the "Investor Relations" section of the company's website at www.actions-semi.com.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com.

    Investor Contacts:
    Lisa Laukkanen                  Jimmy Liu
    The Blueshirt Group             Investor Relations at Actions
    lisa@blueshirtgroup.com          Semiconductor
    415-217-4967                    jimmy@actions-semi.com
                                    +86-21-5080-3900*1211

To listen to the live conference call, please dial 800-265-0241 (within U.S.) or 617-847-8704 (outside U.S.) and enter passcode 26795801 at 5:20 p.m. Eastern Time (ET) on January 21, 2009. An audio replay of the call will be available to investors through January 28, 2009, by dialing 888-286-8010 (within U.S.) or 617-801-6888 (outside U.S.) and entering the passcode 64308097.

A live webcast of the call will be available from the "Investor Relations" section of the company's website at http://www.actions-semi.com.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com.

     Investor Contacts:
     Lisa Laukkanen                Jimmy Liu
     The Blueshirt Group           Investor Relations at Actions Semiconductor
     lisa@blueshirtgroup.com       jimmy@actions-semi.com
     415-217-4967                  +86-21-5080-3900*1211

SOURCE Actions Semiconductor Co., Ltd.
01/13/2009
CONTACT: investors, Lisa Laukkanen of The Blueshirt Group,
+1-415-217-4967, lisa@blueshirtgroup.com, for Actions Semiconductor;
or Jimmy Liu, Investor Relations at Actions Semiconductor, +86-21-5080-3900*1211, jimmy@actions-semi.com
Web site: http://www.actions-semi.com

TAIPEI, Taiwan and ZHUHAI, China, Dec. 4 /PRNewswire-Asia/ -- G.M.I. Technology Inc. (Public, TPE: 3312) ("G.M.I.") and Actions Semiconductor Co., Ltd. (Nasdaq: ACTS) ("Actions") announced today that G.M.I. has commenced initial shipments of products with GPS functions that feature Actions Semiconductor Series 13 integrated circuits (ICs). Actions' ICs utilize best-in-class Linux-based software and navigation system provided by China's leading GPS map provider, Ritu Information Systems, Inc. (Ritu). Last month Actions and Ritu announced that they had entered a strategic software agreement. Actions' ICs support GPS applications for a variety of end market products.

Commenting on the announcement, Dickson Chan, Vice President of G.M.I., said, "We are excited to diversify the breadth of applications supported by the Actions' SoC product family. Our customers have been very receptive to integrating this new functionality and we are optimistic of the growth in this business in 2009 and beyond."

"We are very pleased to expand our partnership with leading distributor, G.M.I.," stated Vincent Lin, Vice President of Marketing at Actions Semiconductor. "As G.M.I. commences shipments of our Series 13 chipsets supporting GPS applications, we are excited to see our strong distributor relationships leverage our end-market diversification strategy, which is an important component for our long-term growth."

About G.M.I. Technology Inc.

G.M.I. Technology Inc. (Public, TPE: 3312) is committed to being a Total Solution Provider for both the Consumer Electronics and IT markets. Following the firm's establishment in 1995, G.M.I. merged with China's Vector Electronic Co. (est. 1987) to create a firm with two decades of industry expertise in the Greater China region. By starting with market-side research, G.M.I. leverages its well-established customer base and internal experts to identify market trends and opportunities in high-growth markets. G.M.I.'s in-house engineering team is dedicated to working with partners to develop projects from definition to mass production. Additional information can be found at http://www.gmitec.com .

About Actions Semiconductor Co., Ltd.

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com .

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Actions Semiconductor undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.