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Ceva & Astri in alliance to develop new generation multimedia for Hong Kong & China
MUMBAI: Ceva, Inc., the California-headquartered licensor of digital signal processor (DSP) cores, multimedia and storage platforms to the semiconductor industry, and Hong Kong Applied Science and Technology Research Institute Company Ltd (Astri) have announced the Ceva-TeakLite DSP and associated multimedia software. The software will be developed into a fully integrated, low power audio SoC platform solution.
This is one of the projects driven by Astri IC Design Group’s Multimedia Platform (MMP) initiative. The mission of MMP is to enable a platform-based solution with comprehensive video/audio codec Intellectual Properties (IP) for semiconductor companies in Hong Kong and Greater China. This solution is for developing a cost-effective SoC for a wide range of multimedia applications, including portable multimedia players and IPTV, informs an official release.
The Ceva-TeakLite’s unique feature, which combines optimal performance and complete audio and imaging codec software, is the key factor for Astri’s decision to licence the DSP. Using a single source for both the DSP and the software, the platform offers Astri the benefit of a highly optimized system that delivers power and performance advantages, and ease-of-integration — all crucial factors in the successful development of a product for the highly competitive portable multimedia markets, the release further informs.
“By collaborating with a world-class IP company like Ceva, we are able to provide state-of-the-art technologies for manufacturers that compete at the highest level within the semiconductor industry,” says Astri IC Designs Group VP and R&D director Raymond Chiu.
“Partnering with Astri is of significant importance to our expansion strategy into the growing semiconductor industry in Greater China,” says Ceva CEO Gideon Wertheizer. “Astri’s relationship with local China-based fabless companies and proven track record in IP deployment provide an excellent platform from which we can deliver our Ceva-TeakLite DSP and multimedia software in highly optimized and affordable solutions to the portable multimedia markets.”
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Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
