| 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.
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, OTT boxes 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, tablet
and OTT boxes which equip consumers with the capability of browsing the internet respectively into the mainstream market worldwide.
At
December 31, 2015 and 2014, 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. ("Actions Microelectronics Zhuhai") |
|
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. ("Actions Microelectronics Hong Kong") |
|
Hong Kong
August 17, 2007 |
|
100% |
|
Trading of system-on-a-chip products and investment holding |
| |
|
|
|
|
|
|
| Artek Microelectronics (HK) Co., Limited ("Artek Microelectronics Hong Kong") |
|
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. ("Actions Capital BVI") |
|
British Virgin Islands
February 10, 2006 |
|
100% |
|
Investment holding |
| |
|
|
|
|
|
|
| Actions Capital Investment (Malaysia) Inc. Co., Ltd. ("Actions Malaysia ") (Note) |
|
Republic of Malaysia
January 13, 2009 |
|
100% |
|
Inactive
|
| |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Actions Development (HK) Co., Ltd |
|
Hong Kong
January 6, 2015 |
|
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 |
Note: Actions
Malaysia was dissolved on October 19, 2015.
|