Agere Systems will provide a new, advanced system-on-a-chip (SoC) chip set to manufacturers of SIRIUS radios. SIRIUS products that will use this new Agere SoC include satellite radio receivers used in automotive, home, portable and navigation applications. These receivers are scheduled for delivery to consumers next year.
SIRIUS currently has more than 4 million subscribers and expects to surpass 6.2 million subscribers by the end of 2006.
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