Actions Recognized as a Key IC Design Enterprise of 2013-2014 National Strategic Plan

January 3, 2014. Today, China's National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Finance, Ministry of Commerce and State Administration of Taxation jointly announced the list of Key IC Design Enterprises and Software Enterprises in the 2013-2014 National Strategic Program. Actions Semiconductor was named as a Key IC Design Enterprise of 2013-2014 National Strategic Plan and the only enterprise in Guangdong province that received this honor twice in a row .

To implement the national policies to encourage IC design companies and software companies, the above-mentioned government departments jointly evaluate and elect companies throughout China to the National Strategic Program.  Recognized companies received benefits such as a 10% corporate income tax reduction and priority in contracting for government projects. Being recognized as a Key IC Design Enterprise is beneficial to Actions' long-term strategic development and further confirms its leading position in the semiconductor industry.

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