Increased orders for Solid State Drives (SSDs) and Embedded Multimedia Cards (eMMC) also helped the chip business to cushion the market squeeze.

ENGADGET: Samsung's Q1 2012 profits nearly double year-over-year on higher margins for TVs and phones

Spun out from Philips Electronics in 2007, Silicon Hive specializes in paralell processing designs that can be built into the system-on-chip products at the heart of multimedia-friendly consumer electronics devices.

FORBES: Intel Snaps Up Mobile Multimedia Specialist Silicon Hive

Indianapolis, Indiana, USA-September 2012-SIM2 Multimedia is proud to announce at CEDIA EXPO 2012 our new CINEMAQUATTRO 4K DLP 3-Chip Home Cinema Projector.

ENGADGET: SIM2's $158k CinemaQuattro 4K DLP projector is for hundred seat home theaters