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Hey bro you should take a double look at this one...down 61.8% from 52week high!!! $VIMC
$VIMC DD Notes ~ http://www.ddnotesmaker.com/VIMC
bullish
$VIMC recent news/filings
## source: finance.yahoo.com
Thu, 23 Oct 2014 11:18:31 GMT ~ Vimicro Announces $29.2 Million Contract Win in Chenzhou City of Hunan Province
[at noodls] - BEIJING, Oct. 23, 2014 /PRNewswire/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider in ...
read full: http://www.noodls.com/view/B3CF60C81FAA429A2CD10569EBE032812F87D387
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Thu, 23 Oct 2014 11:16:00 GMT ~ 7:16 am Vimicro announces $29.2 million contract win in Chenzhou city of Hunan province
read full: http://finance.yahoo.com/news/inplay-briefing-com-055139997.html#vimc
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Thu, 23 Oct 2014 11:14:00 GMT ~ Vimicro Announces $29.2 Million Contract Win in Chenzhou City of Hunan Province
[PR Newswire] - BEIJING, Oct. 23, 2014 /PRNewswire/ -- Vimicro International Corporation (VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider in China, today announced that its joint venture, Shanxi Zhongtianxin Science and Technology Co. Ltd. ("Zhongtianxin"), won a competitive bid to provide SVAC-compliant video surveillance cameras and system to Chenzhou Municipal Government in Hunan Province on October 22, 2014, subject to a seven day public notification period. Zhongtianxin is joint venture in which Vimicro holds a 51% stake, with the remaining 49% owned by Shanxi Guoxin Investment Co., a Shanxi provincial government-owned investment company. "We are very pleased to have won the bidding to supply our SVAC-compliant video surveillance products and system to Chenzhou in Hunan Province, which signals the first city-wide adoption of SVAC national standard in Hunan Province," commented Dr. John Deng, Vimicro's Chairman and CEO, "Chenzhou's SVAC project will be the role model of SVAC adoption and its application in improving public security and management for other municipalities in Hunan Province.
read full: http://finance.yahoo.com/news/vimicro-announces-29-2-million-111400167.html
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Thu, 16 Oct 2014 08:17:31 GMT ~ Vimicro Announces $39.80 Million Contract Wins in Taiyuan City of Shanxi Province
[at noodls] - BEIJING, Oct. 16, 2014 /PRNewswire/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider in ...
read full: http://www.noodls.com/view/9120477EDDAFFD4DE3A914B8BD7060B8B7FD1D00
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Thu, 16 Oct 2014 08:05:00 GMT ~ Vimicro Announces $39.80 Million Contract Wins in Taiyuan City of Shanxi Province
[PR Newswire] - BEIJING, Oct. 16, 2014 /PRNewswire/ -- Vimicro International Corporation (VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider in China, today announced that its joint venture, Shanxi Zhongtianxin Science and Technology Co., Ltd. ("Zhongtianxin"), has won two competitive bids to provide SVAC-compliant video surveillance cameras and system to Taiyuan Municipal Government in Shanxi Province, with the total estimated contract value of RMB244 million, or USD39.80 million approximately. Zhongtianxin is a joint venture in which Vimicro holds a 51% stake, with the remaining 49% owned by Shanxi Guoxin Investment Co., a Shanxi provincial government-owned investment company.
read full: http://finance.yahoo.com/news/vimicro-announces-39-80-million-080500932.html
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$VIMC charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$VIMC company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/VIMC/company-info
Ticker: $VIMC
OTC Market Place: Not Available
CIK code: 0001341088
Company name: Vimicro International Corp.
Incorporated In: Cayman Islands
$VIMC share structure
## source: otcmarkets.com
Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$VIMC extra dd links
Company name: Vimicro International Corp.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=VIMC+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=VIMC+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=VIMC+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/VIMC/news - http://finance.yahoo.com/q/h?s=VIMC+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/VIMC/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/VIMC/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=VIMC+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/VIMC
DTCC (dtcc.com): http://search2.dtcc.com/?q=Vimicro+International+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Vimicro+International+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Vimicro+International+Corp.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/VIMC
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001341088&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/VIMC/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/VIMC/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=VIMC&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=VIMC
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/VIMC/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=VIMC+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=VIMC+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=VIMC
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=VIMC
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=VIMC+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/VIMC/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=VIMC+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/VIMC.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=VIMC
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/VIMC/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/VIMC/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/VIMC
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/VIMC
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/VIMC:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=VIMC
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=VIMC
$VIMC DD Notes ~ http://www.ddnotesmaker.com/VIMC
Vimicro Announces $39.80 Million Contract Wins in Taiyuan City of Shanxi Province
http://finance.yahoo.com/news/vimicro-announces-39-80-million-080500932.html
http://seekingalpha.com/author/adam-gefvert-cfa/instablog
Time to get out!
* * $VIMC Video Chart 9-16-14 * *
Link to Video - click here to watch the technical chart video
VIMC Alert: Today's green candle & higher trading share price is confirming the Bullish One White Soldier reversal pattern that formed on Wed…………..$$$
ANOTHER WINNER BROUGHT TO YOU BY THE OSPREYEYE BOARD…………HOW MANY WINNERS SO FAR FOR THIS HOLIDAY SHORTENED TRADING WEEK?………
TOO MANY TO COUNT!…………CONGRATS TO ALL THE MONEY MAKERS!!!!!……………….$$$
VIMC
Needham & Company's VIMC target history
http://stocktwits.com/message/22512007#22512007
VIMC
Needham & Company Upgrades Vimicro International Corp. (VIMC) to Strong Buy
http://www.streetinsider.com/Analyst+Comments/Needham+%26+Company+Upgrades+Vimicro+International+Corp.+%28VIMC%29+to+Strong+Buy/9427707.html?si_client=st
VIMC, Surveillance Video and Audio Coding (SVAC) Article
I wonder why it is being held back. Volume is not what it once was but could be great again.. The charts are set up pretty nice imo.
MACDgver, Good Morning!
I played this on Friday and BOY it was a nice day for trading! What do you think will come this fine monday morning?
I believe the volume will continue with higher PPS RIGHT OFF THE BELL!
~ $VIMC ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $VIMC ~ Earnings expected on Monday *
This Week In Earnings: Earnings are coming or are already posted! This is what the charts look like! If you play the earnings these posts can be very helpful to you!
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=VIMC&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=VIMC&p=W&b=3&g=0&id=p54550695994
~ Barchart: http://barchart.com/quotes/stocks/VIMC?
~ OTC Markets: http://www.otcmarkets.com/stock/VIMC/company-info
~ Google Finance: http://www.google.com/finance?q=VIMC
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=VIMC#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=VIMC+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=VIMC
Finviz: http://finviz.com/quote.ashx?t=VIMC
~ BusyStock: http://busystock.com/i.php?s=VIMC&v=2
~ CandlestickChart: http://www.candlestickchart.com/cgi/chart.cgi?symbol=VIMC&exchange=US
~ Investorshub Trades: http://ih.advfn.com/p.php?pid=trades&symbol=VIMC
~ Investorshub Board Search: http://investorshub.advfn.com/boards/getboards.aspx?searchstr=VIMC
~ Investorshub PostStream Search: http://investorshub.advfn.com/boards/poststream.aspx?ticker=VIMC
~ Investorshub Goodies Search: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18582&srchyr=2011&SearchStr=VIMC
~ Investorshub Message Search: http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=VIMC
~ MarketWatch: http://www.marketwatch.com/investing/stock/VIMC/profile
~ E-Zone Chart: http://www.windchart.com/ezone/signals/?symbol=VIMC
~ 5-Min Wind: http://www.windchart.com/stockta/analysis?symbol=VIMC
~ 10-Min Wind: http://www.windchart.com/stockta/analysis?symbol=VIMC&size=l&frequency=10&color=g
~ 30-Min Wind: http://www.windchart.com/stockta/analysis?symbol=VIMC&size=l&frequency=30&color=g
~ 60-Min Wind: http://www.windchart.com/stockta/analysis?symbol=VIMC&size=l&frequency=60&color=g
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
This stock has major mojo right now; surprised this board is so dead....
Vimicro Acquires ViSS Business from Alcatel-Lucent Shanghai Bell
Furthers Company's Penetration of Surveillance Market by Acquiring Comprehensive Platform and Solutions
Press Release
Source: Vimicro International Corporation
On Friday August 28, 2009, 8:30 am EDT
Buzz up! 0 Print
Companies:Vimicro International Corp.
BEIJING, Aug. 28 /PRNewswire-Asia-FirstCall/ -- Vimicro International Corporation (Nasdaq: VIMC - News; "Vimicro"), a leading multimedia semiconductor and solution provider, today announced that Vimicro Electronics Corporation ("Vimicro Tianjin"), a joint venture company operated and managed by Vimicro, entered into a definitive agreement to acquire Video Surveillance System ("ViSS") from Alcatel-Lucent Shanghai Bell Ltd. Co. ("ASB"). Vimicro Tianjin will acquire the complete ViSS business including all property, plant and equipment, inventories, business contracts, intellectual property and service and development capabilities in China. Moreover, Vimicro and ASB will continue the cooperation on solution and marketing developments in the future.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090828/CNF022 )
(Logo: http://www.newscom.com/cgi-bin/prnh/20070528/CNM014LOGO )
ViSS is a leading security and surveillance solution addressing the needs of telecom operators and local governments in China. As part of ASB, ViSS has been well established as the business platform for unified surveillance, storage and management solutions utilizing a broadband network infrastructure to connect independent monitoring sites across a broad geographical area. This platform can meet the monitoring needs of city roadways, airports, shopping centers, banks, schools, and other large facilities where surveillance is vital. ViSS also provides system management tools that enhance the visual and audio monitoring capabilities of multiple sites over telecommunication networks. It has been one of the most stable carrier-class video surveillance platforms available in the industry.
Vimicro Tianjin, jointly founded by Tianjin government and Vimicro, has a long-term strategic plan to further penetrate the surveillance market. As part of this acquisition, Vimicro Tianjin also gained the use of its brand name for a certain period as well as strong R&D team with deep industry experience.
"We are very excited to reach this agreement with ASB. The established telecom and government customers base and the prestigious brand name of ASB will provide us strong leverage to expand in the fast growing surveillance market in China. The acquisition and the partnership with ASB will further enrich our product portfolio to address the fast growing market needs, position us strongly as leading surveillance solution provider in China and build upon our growth," commented Dr. John Deng, Vimicro's Chairman and Chief Executive Officer.
"Combining ASB's rich experiences in telecom networks and its long-term cooperation with telecom carriers, together with Vimicro's expertise in video technology and vertical market, we will surely be able to better serve our customers going forward," said Kevin Liu, Senior Vice President, Applications Software Group, Alcatel-Lucent Shanghai Bell.
The acquisition is expected to be closed in September of 2009 as agreed by both parties. The closing of the transaction is subject to customary closing conditions.
About Alcatel-Lucent Shanghai Bell Ltd. Co.
Alcatel-Lucent Shanghai Bell Ltd. Co. ("ASB") is the flagship company of Alcatel-Lucent in Asia. As a first-class production base in the world, ASB provides expertise in telecommunications industrialization and services to users in China, Asia Pacific and global markets. It is taking the lead in broadband access, data, fixed switch, mobile, optical networks, and IP and wireless fields and actively promotes development of the growing markets of 3G, IMS, NGN, IPTV. The company is directly managed by State-owned Assets Supervision and Administration Commission of the State Council, and is the first foreign-invested company limited by shares in telecommunications industry in China, with extensive global resources.
About Vimicro International Corporation
Vimicro International Corporation is a leading multimedia semiconductor and solution provider that designs, develops and markets mixed-signal semiconductor products and system-level solutions that enable multimedia capabilities in a variety of products for the consumer electronics and communications markets. Vimicro is also expanding business into the surveillance market with system-level solutions and semiconductor products. Vimicro's ADSs, each of which represents four ordinary shares, are currently trading on the NASDAQ Global Market under the ticker symbol "VIMC."
Forward-Looking Statements
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, the quotations from management in this announcement, as well as Vimicro's expectations and forecasts, contain forward-looking statements. Vimicro may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on forms 20-F and 6-K, etc., in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Vimicro's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward- looking statement, including but not limited to the following: the company's ability to develop and sell new mobile multimedia products; the expected growth of the mobile multimedia market; the company's ability to increase sales of PC and notebook camera multimedia processors; the company's ability to retain existing customers and acquire new customers and respond to competitive market conditions; the company's ability to respond in a timely manner to the evolving multimedia market and changing consumer preferences and industry standards and to stay abreast of technological changes; the company's ability to secure sufficient foundry capacity in a timely manner; the company's ability to effectively protect its intellectual property and the risk that it may infringe on the intellectual property of others; and cyclicality of the semiconductor industry. Further information regarding these and other risks is included in Vimicro's annual report on Form 20-F filed with the Securities and Exchange Commission. Vimicro does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release is as of the date hereof, and Vimicro undertakes no duty to update such information, except as required under applicable law.
For more information, please contact:
Public Relations Contacts:
Sheena Shen/Haizhen Du
Phone: +86-10-6894-8888 x8788/8309
Email: sheenashen@vimicro.com / duhaizhen@vimicro.com
Investor Relations Contacts:
Vanessa Wang
Phone: +86-10-6894-8888 x7294
Email: wangjingyi@vimicro.com
Shelton Group Investor Relations
Leanne K. Sievers
Phone: +1-949-224-3874
Email: lsievers@sheltongroup.com
nibble nibble HAPPY NY
Sometimes a good sign of long term strength, is a healthy dip consolidation, would like to see this test the 50 ma and hold .
Technically speaking of course.
patiently waiting.
Another undiscovered diamond in the ruff-
This one is ready to move
My brief review of this stock:
The stock hit bottom at $5.03 on March 16th, re-tested this general level by holding at $4.88 on May 16th. Then, after a run to just under $7.50 on a 10-day/50-day exp mov. avg. crossover, the stock found higher support at $5.60 on July 3rd (3rd re-test), and has since run back up 24% to close at $6.96 today on almost 200% times average daily volume. Both money flow and accumulation/distribution lines have turned positive and we will be having a (most likely) permanent 10/50 EMA cross-over to the positive side tomorrow, which should awaken many traders who seek this particular indication. The stock looks poised to return to its former trading range of $10-12. This stock has 20% institutional ownership, providing proof that larger, smart money likes the stock and showing that there is plenty of room for additional large-block players. The company has no debt, is in a growing and expanding industry niche, has a PE ratio of 17 when its industry has a PE of 27, and a price/book ratio of only 1.69 (much less than the generally-accepted maximum of 10.00). I've been watching this one a long time, and feel that now is the time to get in, IMHO.
Anyone else like the stock?
Vimicro to Hold an Annual General Meeting on December 14, 2006
Monday November 27, 7:10 am ET
BEIJING, Nov. 27 /Xinhua-PRNewswire/ -- Vimicro International Corporation (Nasdaq: VIMC - News), a leading fabless semiconductor company that designs and develops multimedia semiconductor products and solutions, today announced that it will hold an annual general meeting at Vimicro's executive office in Beijing on December 14, 2006. Vimicro seeks to obtain shareholder approval of an amendment to its 2005 Share Incentive Plan to increase the maximum aggregate number of shares, which may be issued pursuant to all awards granted under the Plan to 21,065,505 shares. Vimicro's board of directors has fixed the close of business on November 13, 2006 as the record date for determining the shareholders entitled to receive notice of and to vote at the annual general meeting or any adjournment or postponement thereof.
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.''
Source: Vimicro International Corporation
Vimicro's Multimedia Processors Adopted by Datang Mobile for 3G Handset Trials
Monday November 20, 9:00 am ET
BEIJING, Nov. 20 /Xinhua-PRNewswire/ -- Vimicro Corporation (Nasdaq: VIMC - News), a leading fabless semiconductor company that designs advanced mixed-signal multimedia products and solutions, today announced Datang Mobile Communications Equipment Co. Ltd. has successfully adopted Vimicro's multimedia processors in handsets that are being tested in third generation (3G) wireless network trials. Datang Mobile, a total solution provider for communication networks has been dedicated to the research and development of Time Division -- Synchronous Code Division Multiple Access (TD-SCDMA) in China. The related handsets will be tested in several cities appointed by Chinese Ministry of Information Industry (MII).
The demand for 3G applications is driving the future development of mobile communications. TD-SCDMA is a 3G standard for mobile wireless network operators developed by the Chinese Academy of Telecommunications Technology (CATT) in collaboration with Datang and Siemens. The standard is based on a combination of international 3G standards and independent Chinese intellectual property. By leveraging their strengths and competitive advantages in the mobile communications industry, Vimicro and Datang Mobile will cooperate to develop handsets that meet the stringent demands for 3G applications.
Since 2003, through its commitment to develop advanced mobile multimedia technologies, Vimicro has accumulated solid R&D and commercialization capabilities in the multimedia processors area. Through Mobile Multimedia Technology Alliance (MMTA), Vimicro has worked with leading companies to develop and promote TD-SCDMA standard in China. Supported by MII, MMTA was founded by 9 organizations including China Mobile Communications Corporation, China United Telecommunications Corporation, Huawei Technologies, ZTE Corporation and Vimicro Corporation etc. in 2004. MMTA focuses on establishing and promoting technical specifications and standards related to mobile multimedia industry. For its part, Datang Mobile has been committed to developing and promoting TD-SCDMA in China as well as in the international market. By working together, Vimicro and Datang Mobile are driving 3G technological innovation on core processors, handsets and networking equipments, elevating the overall competitiveness of the Chinese communications industry.
''Vimicro and Datang Mobile's strategic cooperation will encompass all phases of 3G mobile handset development for TD-SCDMA including research and development, design, mass production, testing, and so on,'' said Kevin Jin, president and COO of Vimicro, ''Datang Mobile has played a key role in the development of the TD-SCDMA standard. We are confident that by working together with Datang Mobile, we will expand the broader 3G handset market.''
Sun Yuwang, vice president of Datang Mobile said: ''Together, Vimicro and Datang Mobile are in a strong position to develop advanced 3G phones, based on our independent intellectual property that will meet the increasing consumer demand for multimedia features.
Under the terms of the partnership, Vimicro and Datang Mobile will collaborate to develop a full product series of mobile 3G handsets based upon the market demand.
About Vimicro
Vimicro International Corporation is a leading fabless semiconductor company in China 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.
http://www.vimicro.com/english
For more information, please contact:
Sheena Shen
Public Relations Director
Vimicro Corporation
Tel: +86-10-6894-8888 x8788
Email: sheenashen@vimicro.com
Rebecca Stavros
Investor Relations Manager
Vimicro Corporation
Tel: +86-10-6894-8888 x8414
Email: rebeccastavros@vimicro.com
Source: Vimicro Corporation
Vimicro Launches the First PC Camera Multimedia Solution in the World Certified for Windows Vista(TM)
Monday November 6, 11:51 am ET
BEIJING, Nov. 6 /Xinhua-PRNewswire/ -- Vimicro Corporation (Nasdaq: VIMC - News), a leading fabless semiconductor company that designs advanced mixed-signal multimedia products and solutions, today announced that its PC camera processor VC0326 has received Windows Hardware Quality Lab (WHQL) certification for Windows Vista by Microsoft. By cooperating with Microsoft CTC (China Technology Center), Vimicro leads the way with the first PC camera multimedia processor in the world to receive such qualification.
The WHQL certification, which is expected to lower support costs and increase customer satisfaction, confirms that Vimicro's product is compatible with Windows Vista and differentiates Vimicro's processors from other products on the market. Microsoft plans to conduct high-impact marketing activities to drive market demand for products bearing the Windows Vista logo. In addition to the promotional benefits, the certification will also lay the foundation for Vimicro to develop new products based on the Microsoft Vista platform.
The stringent Windows Vista logo certification program was launched to increase the stability and compatibility of Windows Vista, ensuring a high quality experience for users. As a strategic partner of Microsoft in the digital multimedia field, Vimicro was invited to participate in the first phase of testing. Vimicro successfully completed the program in September and is permitted to use the Windows Premium Vista logo in marketing and promotional activities for its PC camera processor VC0326. Microsoft Windows Vista logo certification is structured in two tiers, basic and premium. Vimicro received certification at the premium level which indicates a higher standard of performance and compatibility.
"Next generation PC cameras are required to be compatible with standard driver within Windows Vista OS, making the system compatibility test more complex," said Dr. Mike Yu, chief scientist of the Microsoft-Vimicro Multimedia Technology Center and general manager of the advanced multimedia business unit of Vimicro. "We are confident that the Windows Vista logo certification will demonstrate Vimicro's strong technological capability in the multimedia processor area."
Mr. Samuel Shen, director of Microsoft CTC, indicated, "Since its inception, Microsoft CTC has committed to developing together with our partners in China and establishing a win-win IT eco-system. Vimicro and Microsoft have had deep cooperation on the Windows XP platform. We believe Vimicro's product will enhance the multimedia user experience that Windows Vista brings to the consumers."
Vimicro and Microsoft have maintained a strategic partnership for years. All Vimicro's PC camera processor products have received the Windows XP logo certification. During 2003 the companies jointly launched the Microsoft- Vimicro Multimedia Technology Center, which is committed to developing multimedia technology and driving innovation. Together, Vimicro and Microsoft have developed real-time multimedia communication and 3C convergence technologies. Vimicro will continue to work closely with Microsoft to co- develop multimedia technology and expand the international market.
About Vimicro
Vimicro International Corporation is a leading fabless semiconductor company in China 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. http://www.vimicro.com/english
Source: Vimicro Corporation
No Place Like Home For Chinese Chip Firm
BY MARILYN ALVA
INVESTOR'S BUSINESS DAILY 5
March 14, 2006
After learning their lessons as university students in or around California's Silicon Valley, co-founders of chip design firm Vimicro International (VIMC) are now reaping rewards in China's Silicon Valley.
Those co-founders are natives of China. They figured Vimicro would have better luck in their homeland for two reasons. One was low-cost manufacturing. Another was government help on taxes and research and development.
"(Operating in China) would be important for long-term growth," said Chief Executive John Deng.
His team's plan was to design and sell analog, digital and mixed signal processing chips. Vimicro would hire engineering graduates from China's universities and outsource production to Chinese fabrication plants.
After its launch in 1999, Vimicro set up shop in a Beijing tech zone near notable Chinese tech firms Sina, (SINA) Baidu.com (BIDU) and Lenovo, which acquired IBM's PC business in May.
Vimicro has since become one of China's biggest homegrown chip companies. It's also the country's first fabless chip design house to trade in the U.S.The company went public on the Nasdaq in November.
Its success in one end market in particular — image processors for the PC camera market — has made it the global market leader.
"They basically went from zero percent global market share to 60% global share in four years," said analyst Tore Svanberg of Piper Jaffray, which has provided investment banking services to Vimicro.
Vimicro's revenue from PC cameras — which generate most of its sales — is driven by the growing use of voice and video communication over the Internet.
It's the only chip supplier that offers both video and audio capabilities on a single integrated chip, analyst Quinn Bolton of Needham & Co. wrote in a report.
Vimicro didn't start making much money until last year. That was partly due to heavy R&D and infrastructure spending.
The company's 2005 revenue hit $95 million, up from $50 million the prior year. Analysts polled by First Call expect it to earn 60 cents a share this year and 75 cents a share in 2007.
Vimicro's advanced chip designs for PC cameras are used by customers like Logitech (LOGI) and Creative Technology, (CREAF) two dominant vendors in that market.
The company also sells to Lenovo. And it's worked with Microsoft (MSFT) on developing Web cameras for video chatting on MSN.com, Deng says.
Room To Grow
More than 1.9 million video conversations take place daily on MSN 7.0, Bolton notes. The service was launched last April and boasts about 10 million unique users.
While cameras are embedded in about 20% of the desktop market, just a small portion of notebooks come with them, Svanberg says. That presents further opportunity for Vimicro.
Sony already has rolled out high-end notebooks using Vimicro's silicon.
Bolton estimates that as much as 20% of the worldwide notebook market will come with integrated cameras by the end of 2007. Some 86 million notebooks are expected to ship in 2007.
Meantime, Bolton expects most large PC equipment makers to bundle Web cams with their products over the next few years.
Market Mobility
With success in the PC camera market, Vimicro is leveraging its name and know-how in the mobile handset market, which it entered in late 2004. The company's chips are now in more than 200 different handset models.
The mobile phone multimedia chip market could grow 20% to 30% a year the next few years, according to industry figures. It's a larger and more competitive market than PC cameras, analysts say.
Vimicro's partnerships with Chinese carriers such as China Unicom (CHU) and China Telecom (CHA) might help it win new multimedia cell phone business at home.
"The Chinese government encourages technology companies to use local vendors," Svanberg said.
Top global handset companies said to be vying for business in China — including Nokia, (NOK) Samsung, LG Electronics and Motorola (MOT) — have not tapped Vimicro, however.
Vimicro's handset clients do include two of the largest wireless operators doing business in China: Bird and PCL. It also sells to Japanese and Korean handset firms.
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