v2.4.0.6
ORGANIZATION AND PRINCIPAL ACTIVITIES
12 Months Ended
Dec. 31, 2012
ORGANIZATION AND PRINCIPAL ACTIVITIES [Abstract]  
ORGANIZATION AND PRINCIPAL ACTIVITIES
  1 ORGANIZATION AND PRINCIPAL ACTIVITIES

 

Actions Semiconductor Co., Ltd. ("Actions Semiconductor Cayman Islands" or "the Company") is a holding company incorporated in the Cayman Islands on July 27, 2005.

 

At December 31, 2012 and 2011, the subsidiaries of the Company include the following:

 

Name of Company  

Place and date of

incorporation/establishment

 

Attributable equity

interest held

  Principal activities
             
Actions Semiconductor Co., Ltd. ("Actions Semiconductor Mauritius")  

Republic of Mauritius ("Mauritius")

November 16, 2001

    100 % Investment holding
               
Actions Semiconductor Co., Ltd. ("Actions Semiconductor Zhuhai")  

PRC

December 28, 2001

    100 % Design and manufacture of system-on-a-chip products
               
Shanghai Actions Semiconductor Co., Ltd. ("Actions Semiconductor Shanghai ")  

PRC

March 27, 2008

    100 % Design and manufacture of system-on-a-chip products
               
Actions Technology (HK) Company Limited ("Actions Hong Kong")  

Hong Kong

January 13, 1999

    100 % Trading of system-on-a-chip products
               
Actions Microelectronics Co., Ltd.  

Hong Kong

August 17, 2007

    100 % Trading of system-on-a-chip products and investment holding
               
Artek Microelectronics (HK) Co., Limited  

Hong Kong

January 16, 2006

    100 % Trading of system-on-a-chip products and investment holding
               
Artek Microelectronics Co., Ltd. ("Artek Microelectronics Shenzhen")  

PRC

March 14, 2006

    100 % Design and manufacture of system-on-a-chip products
               
Actions Capital Investment Inc.  

British Virgin Islands

February 10, 2006

    100 % Investment holding
               
Actions Capital Investment (Malaysia) Inc. Co., Ltd. ("Actions Malaysia ")  

Republic of Malaysia

January 13, 2009

    100 % Inactive
               
Mavrix Technology, Inc. ("Mavrix")  

Cayman Islands

June 20, 2006

    93.4 % Investment holding
               
Mavrix Technology (H.K.) Co., Limited ("Mavrix HK")  

Hong Kong

August 17, 2007

    93.4 % Manufacturing and trading of system-on-a-chip products
               
Shanghai Mavrix Electronics, Ltd. ("Mavrix Shanghai")  

PRC

October 23, 2006

    93.4 % Design and manufacture of system-on-a-chip products

 

Actions Semiconductor Cayman Islands and its subsidiaries (the "Group") are principally engaged in the design and development of System-on-a-chip ("SoC") products and total solutions for the development and manufacture of portable media players ("PMPs") and the provision of testing solutions. The Group's total solutions include SoCs, solution development kits and detailed specifications of other required components and the providers' information of those components. The Group's total solutions enable its customers to quickly introduce new portable media players, which play multimedia files by compressing to a fraction of their size using any one of a number of audio and video compression technologies, into the mainstream market worldwide.