Sigma Designs Inc was incorporated in January 1982. The Company is a provider of integrated system-on-chip, or SoC, solutions that serve as the foundation for consumer products, including televisions, set-top boxes and video networking products. Its primary products are semiconductors that are targeted toward end-product manufacturers, Original Equipment Manufacturers, or OEMs, and Original Design Manufacturers, or ODMs. It sells its products into four primary markets which are the Digital Television, or DTV market, the home networking market, the set-top box market, and the home control market. The Company derives a portion of its revenue from other products and services, including technology licenses, software development kits, engineering support services for hardware and software, engineering development for customization of chipsets and other accessories. The Companys main competitors include Broadcom Corporation, Mediatek, MStar Semiconductor, RealTek and ST Microelectronics for its media processors; Broadcom, Marvell Technology Group, Ltd. and Qualcomm for its HPNA, HPAV and G.hn products; Texas Instruments, Freescale and Silicon Lab through their Zigbee based chips for its Z-Wave products; and Pixelworks and Marvell for its VXP products. The Company is subject to taxation in Hong Kong, Israel, Singapore, the United States and various other countries and states.