Monday, October 25, 2010

RDA Microelectronics files for $100M IPO

RDA Microelectronics (Shanghai) has filed an F-1 stock offering prospectus with the United States SEC on October 21st. RDA claims 2009 revenue of $118.9M and a net income of $11.3M. For the six months ending June 30, 2010, revenues were $76.2M with a net income of $8.4M.

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