Boston, MA 05/29/2013 (wallstreetpr) – In Tuesday’s trading session, shares of Vimicro International Corporation (NASDAQ:VIMC) rose by 17.45%. The opening price $1.57 touched an intraday high of $1.76 before dipping to $1.51 per share. More than 0.414M shares were traded in Tuesday’s trading session which was strikingly higher than the average volume of 0.122M that was measured over a period of 30 days.
Vimicro International Corporation (NASDAQ:VIMC) was incorporated in 2004 February. It is a multimedia semi-conductor as well as a solution provider. It is involved in designing, developing and marketing mixed-signal semiconductor products. The system-level solutions enable multi-media capabilities in a range of products. These are used in the communications, consumer electronics and surveillance markets. The company is also involved in designing, manufacturing and selling surveillance and security products. It also develops surveillance and security software in China. Vimicro International Corporation (NASDAQ:VIMC) provides its customers with various, system-level solutions. These include customizable firmware and software, integrated semiconductors, reference designs, applications support and software development tools. Its solutions are designed to support a variety of standards, baseband platforms and other components.
Vimicro International Corporation (NASDAQ:VIMC) is involved in designing various personal computer models as well as embedded notebook, camera multimedia processors. These are based on the very same technology platform with modifications depending on the models. The company’s embedded notebook camera multimedia processors and PC’s are used with sensors that are based on any complementary metal-oxide semi-conductor technology. This is the basic technology that is used in sensors.