IC Design Company Recognized by Industry for Outstanding Financial Performance
BEIJING, Dec. 12 /Xinhua-PRNewswire/ -- Vimicro Corporation
(Nasdaq: VIMC), a leading fabless semiconductor company that designs advanced
mixed-signal multimedia products and solutions, today announced it is the
recipient of the “Outstanding Financial Performance by a Public Fabless
Company Award” from the Fabless Semiconductor Association (FSA).
The FSA, a trade organization that facilitates the relationship between
fabless companies and their supplier partners, works to bring the global
supply chain together.
“We thank the FSA, a key contributor to the health and well-being of the
global fabless business community, for honoring us with this distinction,”
said Vimicro Chairman and Co-founder Dr. John Deng. “This award reaffirms
Vimicro’s history of excellence in design innovation and ongoing financial
successes.”
Vimicro won the prestigious industry award for its outstanding financial
record, which included doubling the company’s revenue over eight consecutive
quarters ending in June 2006. Dr. Dave Yang, CTO and co-founder, accepted
the award on behalf of Vimicro Dec. 7 at the 2006 FSA Awards Dinner
Celebration held at the Santa Clara Convention Center in California.
“We are pleased to recognize Vimicro as the first public China-based
company to achieve the Outstanding Financial Performance by a Public Fabless
Company Award, honoring the company’s strong financial track record, further
proven by its being the first Chinese fabless company to be listed on
Nasdaq,” said Jodi Shelton, co-founder and executive director of FSA. “A
member of FSA since 2005, Vimicro exhibits its leadership by serving on the
Asia-Pacific Leadership Council, supporting the Association’s regional and
global initiatives. We look forward to the company’s continued impact on
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
