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November 1, 2012
09:03 EDTVIMCVimicro unit receives video-surveillance contract
Vimicro announced that its subsidiary Vimicro Electronics Corporation has secured a major government purchase contract from the Jinzhong City Public Security Bureau of Shanxi province to provide Surveillance Video and Audio Coding-based security surveillance products and services. Vimicro Electronics Corporation, together with local partners, including Jinzhong Broadcast and TV Network Co., Ltd., will develop the Project. Vimicro Electronics Corporation will supply the products and services for the Project, including key video surveillance-related hardware and software. Vimicro Electronics Corporation's portion of the contract value will be $6.23M, out of a total contract value of $13.1M, which will be shared by all partners. Work on the Project is expected to be completed by the end of February 2013.
News For VIMC From The Last 14 Days
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July 2, 2015
05:28 EDTVIMCVimicro waives application of shareholder rights agreement for Zongyi
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June 23, 2015
05:35 EDTVIMCVimicro announces $22M contract with Jincheng City of Shanxi Province
Vimicro announced that its joint venture, Shanxi Zhongtianxin Science and Technology, won a competitive bid for the provision of SVAC-compliant video surveillance cameras and system to Jincheng Municipal Government in Shanxi Province, with an estimated contract value of approximately $22M.
June 22, 2015
10:06 EDTVIMCHigh option volume stocks
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05:42 EDTVIMCVimicro announces receipt of preliminary non-binding proposal to be acquired
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