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Stock Market & Financial Investment News

News Breaks
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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October 23, 2014
12:20 EDTVIMCOn The Fly: Midday Wrap
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11:52 EDTVIMCVimicro mentioned cautiously by TheStreetSweeper
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07:29 EDTVIMCVimicro awarded $29.2M contract in Hunan Province
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October 16, 2014
05:35 EDTVIMCVimicro announces $39.8M contract awards in Taiyuan City
Vimicro announced that its joint venture, Shanxi Zhongtianxin Science and Technology, has won two competitive bids to provide SVAC-compliant video surveillance cameras and system to Taiyuan Municipal Government in Shanxi Province, with the total estimated contract value of approximately $39.8M.

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