Vimicro, Samsung Partner on Security Surveillance Market

Vimicro PR, 4/27/12

Beijing-based fabless semiconductor firm Vimicro (Nasdaq: VIMC) today announced the signing of a strategic cooperative agreement with Tianjin Samsung Techwin Opto-Electronics outlining broad-based cooperation in the areas of technology, products, and business development. Tianjin Samsung Techwin Opto-Electronics (Samsung) is a joint venture that was founded by Samsung and Tianjin Zhonghuan Electronic Information Group in 2008.

Through this partnership, Vimicro and Samsung will engage in comprehensive cooperation, collaborating both domestically and internationally on technology, products, and business practices, as well as jointly developing products for the China security surveillance market. The companies will jointly focus on improving sales of Samsung's front-end surveillance equipment, Vimicro's ViSS large-scale video surveillance platform, and NVR bulk-storage network video storage and management platform, among other projects.

Keywords: hardware security video surveillance Vimicro Samsung Techwin VIMC

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