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zoran stock price

by Mr. Brady Price Published 3 years ago Updated 2 years ago
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What is the Zoran company?

Zoran was incorporated in the state of Delaware and had offices in Canada, China, England, Germany, India, Israel, Japan, Korea, Taiwan, and the US. Zoran had strong ties with Israel, with a strong R&D presence and being the beneficiary of incentives from organizations such as Israel's Ministry of Industry and Trade.

What happened to Zoran?

Around 2008 and 2009, Zoran was successful as a supplier of cost-effective integrated chips for LCD TVs supporting the ATSC standards used for HDTV broadcast in the US. In 2011, Zoran merged with UK -based CSR and is now represented by the CSR brand and stock. After the merger, CSR executed substantial layoffs of former Zoran employees.

What is the Zoran ZR3606x?

The ZR3606x and ZR3650x (with USB interface) family of devices was widely used in PC-based video capture and editing devices. Zoran also offered digital audio products such as the ZR38601, a single-chip digital audio processor designed to support the PC and home theater digital speaker market.

What was Zoran's largest revenue contributor in 2005?

By 2005, its COACH product line for digital cameras, which built on its earlier JPEG expertise, had started to become significant and would be the largest revenue contributor in Zoran's later years. The printer /imaging business acquired from Oak also consistently contributed in the region of 20% of revenues.

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Where is Zoran Corporation located?

(May 2011) ( Learn how and when to remove this template message) Zoran Corporation was a multinational digital technology company, founded in 1981 and headquartered in Silicon Valley, that was predominantly focused on designing and selling SoC ...

Where is Zoran located?

Zoran Corporation was a multinational digital technology company, founded in 1981 and headquartered in Silicon Valley, that was predominantly focused on designing and selling SoC (System on a Chip) integrated circuits for consumer electronics applications. The name Zoran is derived from the Hebrew word for silicon.

What brands use Zoran chips?

Prominent customers and products using Zoran chips included DVD players from brands such as Samsung, LG, Sharp and Toshiba, digital cameras sold under major brands such as Casio, Kodak, Nikon, Olympus, Pentax, Samsung and Sony , LG Viewty camera phones using APPROACH camera processors, budget LCD TVs sold in the US under brands including Insignia, Magnavox, Vizio and Westinghouse using SupraHD DTV processors, and single-function and multi-function printers (involving SoCs as well as software licenses) from brands such as Canon, Epson, HP, Lexmark, and Samsung.

What happened to CSR after Zoran merger?

After the merger, CSR executed substantial layoffs involving former Zoran employees. The discontinuation of the DTV and silicon tuner divisions was announced at the end of 2011, involving the layoff of 800 employees, which some say caused CSR's share price to jump up substantially. Other divisions were cut as well, and as of the end of 2012, only the COACH (camera-on-a-chip) and Quatro (printer/imaging) product lines still existed. In December 2013 CSR announced it would discontinue development of the COACH platform, with around 200 people being laid off. As of 30 June 2014, CSR had sold the COACH and related camera/video IPs to Qualcomm .

What is Zoran video?

Zoran became better known through PC video products incorporating Motion JPEG technology , which until 2001 were a significant contributor to Zoran's revenues. The ZR3606x and ZR3650x (with USB interface) family of devices was widely used in PC-based video capture and editing devices. Zoran also offered digital audio products such as the ZR38601, a single-chip digital audio processor designed to support the PC and home theater digital speaker market. Zoran also offered to third parties chip design IP (intellectual property) cores for decoding and encoding NTSC, PAL or SECAM television signals.

What was the net loss of Zoran in 2010?

Zoran posted a non-GAAP net loss of $21.5 million for the year 2010, on revenues of $357 million, with a loss of $15 million for Q4 2010 alone. Despite a material revenue run-rate contributed by the Microtune acquisition (based on quarterly revenues of $24 million in Q2 2010), Zoran reported revenues of $85 million for Q1 2011, with a non-GAAP net loss of $21 million. The company reported a reduced outlook for its digital camera business for the remainder of the year due to Cisco 's exit from the video camcorder business. For Q2 2011, its last quarter as an independent company, revenues declined to $83 million with a non-GAAP net loss of $18 million, although it forecast revenue growth to between $100 million and $105 million for the seasonally stronger third quarter of 2011.

How much did Zoran lose in 2009?

For 2009, Zoran reported revenues of $380 million, declining from $439 million in the previous year, with a non-GAAP net loss of $13 million. TV revenues increased by 40% over the previous year on market share growth for DTV in the US, with market share reported to have reached 30%. However, by Q2 2010 the DTV business began to see challenges and the outlook for this business was significantly reduced. Around this time frame the market for DTV and digital camera chips started to suffer from increased competition and a trend towards commoditization, which had earlier affected Zoran's DVD chip business, resulting in reduced average selling prices and reduced profit margins.

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