VIMC: A Leading Beneficiary of Localizing China's Video Surveillance Industry

September 17, 2014   |   September 2014 Bond Updates
On May 1, 2011, a new video and audio codec standard, the SVAC standard, was officially promulgated in China’s video surveillance industry. The SVAC (Surveillance Video and Audio Coding) standard was jointly developed by a China-based and US-listed small cap, VIMC (NASDAQ: VIMC), in partnership with the First Research Institute of the Ministry of Public Security of China.

View more at: http://www.forbes.com/sites/junhli/2014/09/16/vimc-a-leading-beneficiary-of-the-restructuring-of-chinas-video-surveillance-industry/
 
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