BEIJING, Nov. 16 /Xinhua-PRNewswire-FirstCall/ -- Vimicro International Corporation (Nasdaq: VIMC), a leading fabless semiconductor company that designs and develops multimedia semiconductor products and solutions, today announced that Mr. Vince Feng has resigned from the company’s board of directors for personal reasons.
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Dr. John Deng, Chairman and CEO of Vimicro, said, “Mr. Feng was instrumental in providing guidance to us during his tenure as a member of our board. We appreciate his contribution to the company.”
Vimicro continues to meet SEC and NASDAQ corporate governance guidelines as it relates to board composition following Feng’s resignation.
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.”
