BEIJING, Jan. 12 /Xinhua-PRNewswire/ -- Vimicro International Corporation (Nasdaq: VIMC), a leading fabless semiconductor company that designs and develops multimedia semiconductor products and solutions, today announced the appointment of Lawrence Tse as Acting Chief Financial Officer. Tse replaces Xiaosong Zhang, who recently resigned from the position in order to pursue other opportunities.
Tse has over 25 years of financial and accounting experience and currently serves as an advisor at General Atlantic, a leading global private equity firm. Tse has held several senior finance positions that have most recently included positions with Hewlett-Packard Asia Pacific Ltd.,
Hewlett-Packard Hong Kong Ltd. and China Hewlett-Packard Ltd. Tse obtained his MBA degree and bachelor's degree in economics from the Chinese University of Hong Kong. He has also been a fellow of the Hong Kong Institute of Certified Public Accountants since 1988 and a fellow of CPA Australia since 1996.
About Vimicro International Corporation
Vimicro International Corporation is a worldwide leading fabless semiconductor company that designs, develops and markets proprietary embedded multimedia signal processing chips and solutions that enable multimedia applications for mobile phones over 2.5G/3G networks and PCs over broadband Internet. Vimicro's ADSs, each of which represents four ordinary shares, are currently trading on the NASDAQ global market under the ticker symbol "VIMC."
