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
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
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