Internet of Things can not put out Mr. Deng, Vimicro two losses – of things, Mr.
NPC Vimicro Electronic Chairman, Chinese Academy of Engineering Dr. Deng Zhonghan
School management business across the three disciplines, by the end of 2009 the Chinese Academy of Engineering elected 41-year-old chairman and Dr. Deng Zhonghan Vimicro can be described as smug. However, Vimicro at the same time in a crisis. Vimicro announced last Wednesday the fourth quarter of 2009, and full-year results, fourth quarter net loss of 1.6 million U.S. dollars, the annual net loss of up to 20.7 million U.S. dollars?? This is a loss for two consecutive years. Mr. Deng is facing severe challenges.
1999 years, Mr. Deng and a number of entrepreneurs from Silicon Valley, Zhongguancun Dr. (000 931 shares of it, market, information, main trading) Science and Technology Park Co., Ltd. founded Vimicro. Mr. Deng choose to avoid Intel, dedicated to digital media Chip The development, design and industrialization. Vimicro adhere to independent innovation, has 8 major breakthrough in core technology for the 1800 number of international and domestic patents, an end to China's "non-core era." November 15, 2005, Vimicro successfully listed on the Nasdaq Stock Market, becoming the first listed on Nasdaq with independent intellectual property rights China Chip Chip design company. Mr. Deng himself as the "father of China's core."
Mr. Deng for the period 1992-1997 studied at the University of California at Berkeley, Ph.D. in Electrical Engineering, Master of Economics and Management, physics degree, is the school's first 130 years of school across the science, engineering, business c academic disciplines. In 2009, Mr. Deng became a business from Chinese Academy of Engineering, and refresh the youngest Academy of Engineering records. Vimicro
whether or Mr. Deng himself, can say is IT Sector, a legend.
However, Vimicro's legendary light, is becoming bleak.
According to foreign media reports, Vimicro announced last Wednesday that ended December 31, 2009 for the fourth quarter and full year earnings. Filing shows Vimicro fourth quarter net revenues of 23.7 million U.S. dollars, the fourth-quarter net loss of 160 million. Year 2009 net loss of up to 20.7 million U.S. dollars.
Vimicro will continue to attribute the loss of global economic recession, that this led to its mobile media and other products, prices and shipments declined. Mr. Deng said recently, as the global personal computer (PC) bottom out this year, and the popularity of mobile multimedia applications, the company is expected to achieve full year profitability.
However, industry analysts pointed out that with the economic recovery in 2009, and 2008, compared to the major PC manufacturers have achieved varying degrees of growth, but the loss of Vimicro in 2009 worse than 2008 . Therefore, Vimicro very severe challenges. Filing shows Vimicro 2009 net revenues of 73 million U.S. dollars, a net loss of 20.7 million U.S. dollars, in 2008 the company's two data were 86.5 million U.S. dollars and 13.6 million U.S. dollars.
Fact, 3G and physical network gave Mr. Deng also hope.
2009 9 months, Mr. Deng announced that Vimicro and Datang Telecom (600,198 shares of it, market, information, main sale) Core Technology Group, a strategic joint Cooperation Agreement, the two sides will expand the depth of cooperation for China Mobile TD-SCDMA-based and multimedia standard 3G mobile terminal technology. However, the slow development of 3G in China, this cooperation has not been able to beautify Vimicro play a significant role in earnings. Despite Vimicro announced its "intelligent video system in the satellite" Internet of Things solutions successfully applied the Shanghai World Expo, but many industry insiders believe that the concept of Internet of things is overdrawn.
Industry believes that analysis of global industrial environment and the local industry chain, market resources, the possibility of cost competitive advantage (310,368, fund it), the rapid introduction of competitive products, this is the "core of China" winning Famennian is the true meaning of Vimicro breakthrough. While Vimicro for this time of escalating demand for multimedia applications, technical processes and product development challenges of increasing predictive power with market introduction and management personnel, are very headache.
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