Vimicro Corporation was founded in 1999 in Zhongguancun Science Park in Beijing by several entrepreneurs from Silicon Valley, with initial support from the Ministry of Information Industry.
Vimicro, dedicated to the development of advanced mixed-signal multimedia chips, 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 multi-national companies such as Sony, Samsung, HP, Philips, Fujitsu, Logitech, Lenovo, Bird and ZTE. It 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, the Ministry of Information Industry, the Ministry of Science and Technology, and the Ministry of Commerce.
Vimicro is active in building standards for next generation broadband and mobile multimedia applications in China.
The company successfully completed its initial public offering on the Nasdaq Security Market on November 15, 2005, becoming the first Chinese fabless chip company listed on Nasdaq.
