Actions Semiconductor Company Limited, founded in 2001 and based in Zhuhai, China, is a fabless semiconductor company that is known for its system-on-a-chip (SoC) products. The firm's technology is employed in MP3 and other personal media players. Actions Semiconductor products support the capture, storage, and playback of digital audio, image, and video files. The company's SoC systems work with flash memory and HDD players. The chips provide users with straightforward integration and low power consumption features. Actions Semiconductor technology includes audio encoding, digital rights management, USB and Bluetooth connectivity, and audio post-processing support features. Controllers support color LCDs. SoCs packages provide original equipment manufacturers (OEMs) with software development kits (SDKs). The SDKs include embedded firmware code, development tools, and documentation. The firm also develops energy metering SoC products. Actions Semiconductor went public in 2005. The firm is listed on NASDAQ under the ACTS symbol. The company employs 260 people, including 130 engineers. It was registered in the Cayman Islands in 2001. In 2003, the China Semiconductor Industry Association (CSIA) identified Actions Semiconductor as having the best growth potential of all circuit design development firm's in China. Actions Semiconductor is expanding its SoC product line and focusing on expanding alliances with MP3 manufacturers in China. It plans to expand its research and development engineering staff. In 2004, the firm spent $2.4 million on research.