CSR Stops ISP Development

Reuters, The Telegraph: CSR announces that it will no longer develop new ISPs for digital cameras due to the market weakness and smartphone cameras competition. CSR has entered the camera processor market with acquisition of Zoran in 2011. Its COACH image processor line used to be popular among the major digital camera makers. The line has contributed $36M of revenue in the first nine months of the year. About 200 jobs will be eliminated by Q2 2014 as a result of the re-structuring.

CSR COACH 14

CSR Stops ISP Development
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