Actions Becomes Exclusive Supplier of SoC's to GMI Technology Inc.

Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's leading fabless semiconductor companies, today announced that it has entered into a distributor agreement with GMI Technology Inc.

The agreement, effective December 8, 2006, establishes Actions as the exclusive supplier of SoC's (system-on-chip solutions) to GMI, a leading Asian distributor whose major vendors include Freescale, Realtek, and Toshiba. Upon entering this agreement, GMI will only ship Actions' products, and no longer ship products containing SoC's manufactured by competitors.

"As a leading semiconductor distributor in Asia, delivering the best available products to our customers is a top priority for our company. Meeting customers' stringent demands, Actions' products are highly innovative and have an unbeatable price-to-performance ratio. Actions' success in continued innovation and meeting market demand is further evidenced by their success with their new Series 7500 products," commented Lewis Lo, President of GMI Technology Inc. "Furthermore, we value their open platform, total solution approach, and a high level of customer service. We look forward to further collaboration with Actions."

"We are excited to have GMI join our global distribution network," stated Nan Horng Yeh, CEO of Actions Semiconductor. "This agreement follows suit with our recently announced partnership with World Peace, and represents a milestone in our global marketing strategy. Looking forward, we will continue to enhance our total solutions and ally with more downstream and upstream partners, to enable our end market customers to enjoy high quality portable media more conveniently."

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies, and provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoC's, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost-effective way. The company is headquartered in Zhuhai, China, with offices in Beijing and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com .

About GMI

Founded in 1995, GMI has been dedicated in being a professional electronic component distributor. As an leading Asian distributor, GMI's major vendors include Freescale, Realtek, and Toshiba etc. GMI was built from the base of information technology market in the last decade and has been transformed from a small private company to a sizable regional group and become a solution provider for selected markets. Over the years, GMI has adopted a unique approach in the distribution business. GMI starts from the market side, monitoring market demands and trends, to co-define the specifications and

doing system level development, and in some cases, even making boards for customers.

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our Registration Statement on Form F-1 related to our initial public offering and secondary offering. Actions Semiconductor undertakes no obligation to update or revise forward- looking statements to reflect subsequent events or changed assumptions or circumstances.

For More Information

Investor Contacts:

Suzanne Craig or Lisa Laukkanen Chung Hsu or Calvin Lau

The Blueshirt Group Investor Relations

for Actions Semiconductor at Actions Semiconductor

suzanne@blueshirtgroup.com or chung@actions-semi.com or

lisa@blueshirtgroup.com calvin.lau@actions-semi.com

+1-415-217-4962 or +86-756 3392 353 *1015 or

+1-415-217-4967 +86-756 3392 353 *1018

GMI Contacts:

Renee Lai

GMI Technology

+886-2-2659-9838 *1103

reneelai@gmitec.com

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