v2.4.1.9
ORGANIZATION AND PRINCIPAL ACTIVITIES
 12 Months Ended
Dec. 31, 2014
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, 2014 and 2013, 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
 Actions (Zhuhai) Microelectronics Co., Ltd.   PRC
June 5, 2014
     100  %   Design and manufacture of system-on-a-chip products
 Actions (Zhuhai) Technology Co., Ltd.  ("Actions Technology Zhuhai")   PRC
June 5, 2014 		     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.