QUOTE AND NEWS
Benzinga  Aug 19  Comment 
Vimicro International Corporation (NASDAQ: 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....
newratings.com  Aug 12  Comment 
BEIJING (dpa-AFX) - Vimicro International Corp. (VIMC), a leading video surveillance technology and solution provider, Tuesday raised its revenue guidance for the second quarter ended June 30, to a range of $23 million to $24 million from the...
StreetInsider.com  Aug 12  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Management+Changes/Vimicro+Int%27l+%28VIMC%29+Appoints+Grant+Thornton+as+Independent+Auditor/9743701.html for the full story.
Benzinga  Jul 2  Comment 
Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider, today announced that it has won a competitive bid for the provision of SVAC-compliant video surveillance...
StreetInsider.com  Jun 26  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Vimicro+Int%27l+%28VIMC%29+JV+Won+%2414.2M+of+Contracts+in+China/9615860.html for the full story.
StreetInsider.com  Apr 28  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Management+Changes/Vimicro+%28VIMC%29+Names+Hollysys%27+Peter+Li+as+CFO/9415938.html for the full story.
TheStreet.com  Apr 21  Comment 
NEW YORK (TheStreet) -- Vimicro International shares are up 9.4% to $3.39 in trading on Monday following the announcement that the company signed a deal with the Chinese First Research Institute of the Ministry of Public Security.The agreement...
StreetInsider.com  Apr 21  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Vimicro+International+Corporation+%28VIMC%29+Signs+Agreement+on+SVAC-Compliant+Chips/9394556.html for the full story.
StreetInsider.com  Mar 3  Comment 
xG Technology, Inc. (Nasdaq: XGTI) 53.9% HIGHER; has announced that it has been awarded a key cognitive radio patent for enabling high-performance spectrum sharing. Cognitive radios that can enable spectrum sharing are widely seen as a solution...
TheStreet.com  Mar 3  Comment 
NEW YORK (TheStreet) -- Vimicro International  was soaring 39.83% to $4.14 at 11:46 a.m. EST on Monday after the Chinese fabless chip company updated its fourth-quarter guidance for the fiscal year 2013 and first-quarter guidance for the fiscal...




 

Vimicro International Corporation (Vimicro), founded in Beijing, China in 1999, 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. Because of the downturn in the semiconductor industry in 2007 and the global financial crisis in 2008, VIMC's revenue fell from $126.6 million in 2006 to $86.5 million in 2008.[1] Although VIMC expects the worst to be over, according to analyst firm Gartner, demand for semiconducter goods will not reach 2007 levels until after 2014.[2]

Business Overview

VIMC is a multimedia semiconductor and solution provider with three primary business segments. In 2008 the company had revenues of $86.5 million, a fall of 6.7% from 2007[3] and a net loss of $13.6 million, an 80% greater loss than in 2007.[4] On continued weakness in demand for high-end technology goods, in Q1 2009, yoy revenue fell $2.1 million, to $22.2 million, and net income fell $9.7 million, to a net loss of $8.3 million.[5]

  • PC and embedded notebook camera multimedia processors (42% of 2008 revenues): VIMC designs single-chip, branded processors used to process and transmit the image signals from the camera sensor of a PC or notebook camera into digital format. These processors have been incorporated into PC and embedded notebook cameras sold by large PC and embedded notebook camera vendors like Logitech.[3] Revenues from this segment have suffered the most as a result of the global economic downturn.
  • Mobile phone multimedia processors (23% of 2008 revenues): VIMC designs processors used to process and transmit the image, video, and audio signals that a mobile phone receives, captures, or generates. These processors have been used by large international and China-based mobile phone brand owners, such as Samsung, LG, Lenovo Mobile, ZTE and Huawei, as well as large mobile phone design houses based in China, like China Techfaith.[3] Sales from this segment have also decreased as a result of falling demand for high-end technology goods.
  • Image sensors (20% of 2008 revenues): To meet Chinese demand for more comprehensive system solutions, VIMC purchases and bundles third-party image sensors with its PC multimedia image processor approximately 50% of the time.[6][3]
Error creating thumbnail




References

  1. VIMC, 2009 20-F, Item 5, Page 38
  2. V3 - Semiconductor industry may have had its chips
  3. 3.0 3.1 3.2 3.3 3.4 VIMC, 2009 20-F, Item 5A, Page 40
  4. VIMC, 2009 20-F, Item 1, Page 5
  5. JLM Pacific Epoch - Vimicro Revs Slide Thru Q4, Bottom Out in Q1
  6. VIMC, 2009 20-F, Item 1D, Page 7
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki