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ALi Corp ships three million units

Set-top system-on-a-chip vendor ALi has announced that it has shipped over three million units.

That figure represents a CAGR of 43% since 2005, surpassing an industry average of 5%, the company said.

“We are very pleased with our continuing success and the whole company is excited that we have climbed over another hill,” said Ben Lin, president of ALi Corp. “Since our first shipment of STB SoC in 2005, we have been expanding our product portfolio from satellite, terrestrial, cable to IP based STBs. As of the end of 2011, more than 120 pay TV service providers worldwide, Chinese domestic operators included, had adopted our STB solutions and we are still progressively gaining market share in this segment. Furthermore, our first OTT SoC went into mass production in late 2011 and we are getting positive feedbacks from customers all over the world. We believe this is one of our major growth drivers in 2012.”