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ORGANIZATION AND PRINCIPAL ACTIVITIES
12 Months Ended
Dec. 31, 2013
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, 2013 and 2012, 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"), tablets 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 PMPs, which play multimedia files by compressing to a fraction of their size using any one of a number of audio and video compression technologies, and tablet, which equip consumers with the capability of browsing the internet respectively into the mainstream market worldwide.