Vimicro International Corp.

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Electronic Technology » Semiconductors
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Company Profile

Vimicro Corporation is a Chinese fabless chip company focused on developing advanced mixed-signal multimedia chips in China. It has successfully launched a series of products in domestic and international markets, targeting fast-growing application fields such as computer, broadband, mobile communication, and consumer electronics. Vimicro's chip solutions have been adopted by multinational companies such as Sony, Samsung, HP, Philips, Fujitsu, Logitech, Lenovo, Bird, and ZTE. Vimicro has also established strategic partnerships with China Telecom, China Netcom, China Mobile, China Unicom, and Microsoft, and has carried out many key projects for the National Development and Reform Commission, Ministry of Information Industry, Ministry of Science and Technology, and Ministry of Commerce. Currently, Vimicro is actively participating in the research and development of the standards for next-generation broadband and mobile multimedia applications in China. Vimicro Corporation was founded in 1999 in Beijing by several entrepreneurs from Silicon Valley, with initial support from the Ministry of Information Industry (MII). The company successfully completed its initial public offering on the NASDAQ Global Market on November 15, 2005, becoming the first fabless chip company from China listed in NASDAQ, and raising US$87 million.