BEIJING, Feb. 1 /Xinhua-PRNewswire/ -- Vimicro Corporation (Nasdaq: VIMC), a leading fabless semiconductor company that designs advanced
mixed-signal multimedia products and solutions was selected as one of the Top
100 small to medium-size enterprises by Forbes China for its outstanding
growth and innovation. Vimicro was ranked as number five among leading
companies in China
Vimicro is the only IC design company to be honored by Forbes China and
competed against 10,000 private companies as well as 300 overseas listed
companies in China. Candidates were required to have 650 thousand to 100
million dollars in annual revenues for the year 2005. Companies in the final
ranking were chosen based on review of financial data such as revenue growth
rate, net income growth, return on assets, and gross margins from 2003 through
2005. This is the third consecutive year that Forbes China has acknowledged
companies in this category.
"It is an honor to be recognized by one of the world's leading finance
publications and a prime indication of Vimicro's growing financial success,"
said Dr. John Deng, Vimicro's Chairman and co-founder. "Vimicro is the first
Chinese IC design company listed on Nasdaq, and we continue to be innovative
and keep our leading position in the industry."
About Vimicro
Vimicro International Corporation is a leading fabless semiconductor
company in China that designs, develops and markets proprietary digital
multimedia signal processing chips and solutions that enable multimedia
applications for mobile phones over 2.5G/3G networks and PCs over broadband
Internet.
http://www.vimicro.com/english
