Seoul, Korea, and Oslo, Norway - September 9, 2015

Telechips, a leading Korean semiconductor company, will leverage Opera TV solutions to deliver a seamless Smart TV experience to its audience. With the support of the Opera Devices SDK (Software Development Kit) 4.x series and the Opera TV Store, Telechips will be able to demonstrate live and over-the-top (OTT) premium content streams from partners, such as BBC iPlayer and hundreds of other TV apps.

TV apps - An opportunity for manufacturers

Futuresource estimates that by 2017, over 80% of all TV sets sold worldwide will be enabled for online connectivity and smart features. OTT viewership is now growing exponentially and the Millennial viewing habits are the catalyst for TV programming moving to apps. Smart TV, IP-enabled set-top boxes, game consoles, Blu-ray Disc players and low-cost digital-media adapters will further drive this trend. These are opportunities for TV-centric connected-device manufacturers to differentiate themselves with unique features and content.

The Opera Devices SDK is a toolkit for original equipment manufacturers (OEMs) to develop Smart TV solutions. In the 4.x series, a Chromium/Blink-based TV rendering engine with advanced HTML5 capabilities and web-content-rendering powers premium OTT content, delivering a more interactive experience for viewers. It also supports TV industry standards like HbbTV and offers hundreds of entertaining, HTML5-based TV apps in the Opera TV Store, significantly shortening time to market for manufacturers.

"The TV landscape is changing. Viewers are not only embracing online videos available on-demand, but also choosing to consume them through TV apps on their home entertainment devices," says Aneesh Rajaram, Senior Vice-President for TV & Devices, Opera Software, "As a technology enabler of this fast-evolving trend, Opera looks forward to cooperating with Telechips in bringing a consumer-ready OTT experience to its customers."

"Having serviced this TV market for over 10 years, Opera provides the depth of experience in the connected-TV arena, along with strong partnerships with industry players, as well as active participation in standards organizations," says Yongkwon Lee, Marketing VP, Telechips. He adds, "Our cooperation with Opera is an essential step towards making our market-ready OTT platforms available for a broad array of connected-device OEMs and major service operators."

About Telechips

Telechips Inc. is a leader in fabless company fields introducing market leading products. The company designs and builds the semiconductor technologies that serve as the foundation for the world's leading application processor for CE, Automotive, and IoT. Telechips develops AP (Application Processor) for Android/HTML5 based STB & OTT. Telechips delivers SoC & Solutions benefiting users with new user experience & rich multimedia service scenario. For more information about Telechips, please visit www.telechips.com.

About Opera TV

The Opera TV portfolio powers rich web experiences on tens of millions of Smart TVs, set-top boxes, Blu-ray Disc players and chipsets for more than 60 customers, including Sony, TiVo, Samsung, Swisscom, TCL and Sharp. Tap into the complete suite of tools for creating compelling connected-TV experiences. The Opera TV ecosystem spans the Opera TV Store app platform with hundreds of entertaining apps tailor-made for TV, Opera Devices SDK (software development kit) for creating and rendering HTML5-based user interfaces, and the Opera TV browser for reaching the full web. Opera TV offers solutions for OEMs, pay-TV operators, broadcasters and content publishers. With the Opera Mediaworks advertising platform, Opera TV can help monetize and drive traffic to content through an end-to-end advertising solution. Visit www.opera.com/tv/ to learn more.

About Opera Software ASA

Opera enables more than 350 million internet consumers worldwide to connect with the content and services that matter most to them. Opera also helps publishers monetize their content through advertising and advertisers reach the audiences that build value for their businesses, capitalizing on a global consumer audience reach that exceeds 1 billion.

Opera and Opera Software logo are trademarks of Opera Software ASA. All other trademarks are the property of their respective owners.

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