Haier (Beijing) IC Design Co. Leverages MIPS32(R) Cores for High-Performance, Low-Power Designs

MOUNTAIN VIEW, Calif., April 27 /PRNewswire-FirstCall/ -- MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard architectures, processors and analog IP for digital consumer, home networking, wireless, communications and business applications, today announced that Haier (Beijing) IC Design Co. is leveraging high-performance, low-power MIPS32(R) processor cores to power DTV and set-top box (STB) SoC designs. The company already has one MIPS-Based(TM) design, Hi2035, in mass production. Haier (Beijing) IC is an advanced technology design house addressing the growing demand for cost-effective ICs with increased functionality and performance.

"Consumer demand for sophisticated digital TVs and set-top boxes in China continues to increase at an unprecedented pace as we transition from an analog to digital infrastructure," said Mr. Yang Yan Chun, vice general manager of Haier (Beijing) IC. "The scalability, performance and low power consumption of MIPS(R) cores allows us to meet this increased demand with confidence. These cores also provide our customers with distinct competitive advantages as they introduce new generations of products to market."

"We're delighted to be teaming with Haier (Beijing) IC to develop innovative solutions for the digital home, where both of our companies hold leadership positions," said Brad Holtzinger, vice president of worldwide sales and corporate marketing, MIPS Technologies. "We look forward to leveraging our combined expertise to further extend our leadership position in the digital TV and set-top box markets."

According to market research firm In-Stat, the transition to digital cable TV in China is proceeding rapidly in all parts of the country. By the end of the first half of 2008, total subscribers numbered 37 million and more than 70 cities had completed digitization. Along with this shift, the digital cable set-top box industry also experienced phenomenal growth, with total digital cable STB shipments reaching 11 million in the first half of 2008, double the previous year's figure.

About Haier (Beijing) IC Design Co., Ltd.

Haier (Beijing) IC Design Co., Ltd. is invested and established by the HaierGroup. It has in-depth knowledge and experience in digital TV and image processing, and is dedicated to developing its core chips and solutions. Haier (Beijing) IC Design has completed the HiPatriot series MPEG-2 decoding chips, QPSK/QAM/COFDM demodulation chips for DVB channels, and Multimedia chips for Digital Frame applications. It provides not only the best chips, but also the best system solutions and services to help its customers be successful. More information is available at www.haier-ic.com.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (NasdaqGS: MIPS) is the world's second largest semiconductor design IP company and the number one analog IP company worldwide. With more than 250 customers around the globe, MIPS Technologies is the only company that provides a combined portfolio of processors, analog IP and software tools for the embedded market. The company powers some of the world's most popular products for the digital entertainment, home networking, wireless, and portable media markets--including broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in Mountain View, California, with offices worldwide. For more information, contact (650) 567-5000 or visit www.mips.com.

MIPS, MIPS32 and MIPS-Based are trademarks or registered trademarks in the United States and other countries of MIPS Technologies, Inc. All other trademarks referred to herein are the property of their respective owners.

Web site: http://www.mips.com/