China IC design industry leader Zhao Guangmin retired

That "international electronic business" before the China IC design industry leader, one of the founders of the Zhuhai actions Mr. Zhao Guangmin has left Zhuhai actions, it will go to Shanghai at CEIBS EMBA. Zhuhai fire force an unnamed source confirmed the news: "Zhao has retired from the actions of a few days, the formalities." He joked, "this is a normal thing, if I have Zhao so much money, I also rest."

Reporters on the matter to call Mr. Zhao Guangmin, he said with a smile: This is not what the news, the industry has a lot of friends know." When asked about his plans for the future, he said, "take a break."

All this seems to have been an omen. In June 2005, Zhao Guangmin's position has been the general manager of Zhuhai fire force. Since then, Zhao Guangmin has become the executive vice president. While in Zhuhai the actions listed on the Nasdaq, Zhao Guangmin's position became Vice Chairman, vice chairman of the board in the listed company, is usually an honorary position.

A IC design company familiar with the general manager Zhao Guangmin said on the "international electronic business", a month ago, he was told that Zhao Guangmin could leave a message. In view of this, Zhao Guangmin's departure, is a long time ago planned things, has been a smooth and orderly manner.

The IC design company executives commented that in the development process of Zhuhai's actions, Zhao Guangmin played the role of "soul". He said that the design of a IC company to be successful, the first is to build team, only after the team stability (import balance operator), products can be developed, and many companies team instability, setbacks may break up.

He said that since Zhao Guangmin joined the team in 1993 about actions (Zhuhai fire force was established in 2001, but the actions of the core team has existed for more than and 10 years), has been playing the role of organizer technology. Zhao Guangmin is a very low-key, not very good talk, but it is indeed a very high level of technology, the real thing to do. Since Zhao Guangmin is not a major shareholder, just a professional manager, so the insistence and pragmatic, so that a lot of technical staff to see the hope of the future, has been chasing with Zhao Guangmin Zhao Guangmin. Although the team had failed to have actions on some products, but the actions of the core design team has been very stable, ongoing technical accumulation, only today's success.

In 2005, Zhuhai actions successfully listed, and become the largest China IC design company. In 2005, the Zhuhai fire sales reached 1 billion 257 million 500 thousand yuan, growth of 174% in 2004. Among them, Zhuhai actions in February this year has just released earnings report showed that the fourth quarter of 2005 sales reached $41 million, a net profit of $19 million.

The IC design company executives said, now the actions listed, has entered a stable period of development, but also to the industry Zhao Guangmin proved his worth, and its merit through the listing has been rewarded as "occupation managers", Zhao hirotami left is normal. However, he said, Zhao Guangmin for Zhuhai shares in the actions may not generally think so much. He speculated that Zhao Guangmin may have new opportunities for development".

As one of the leading figures in Chinese IC design industry, has made great contributions to Mr. Zhao Guangmin and Zhuhai actions of Chinese IC design industry development. No matter how Mr. Zhao Guangmin's whereabouts, we wish him and he had been involved in the creation of the Zhuhai actions more successful in the future.