Annwa submitted to the United States SEC IPO application

In August 21, 2008, Annwa Singapore (Avago Technologies Ltd.) technology to the United States Securities and Exchange Commission (Securities and Exchange Commission, SEC) submitted to the IPO (IPO) application, plans to issue up to $400 million of common stock. Annwa hi tech program with code "AVGO" in Nasdaq. It is impossible to predict the stock market price.

Application report shows that in 2007 (2006.11-2007.10) Annwa net income of $1 billion 527 million in 2006 (2005.11-2006.10) sales of $1 billion 399 million.

In 1961, Annwa technology belongs to HP (Hewlett-Packard) semiconductor sector. 1999 HP Agilent Technologies (Agilent Technologies) isolated, high as a Annwa Agilent semiconductor business department. At the end of 2005, the division was KKR (Kohlberg Kravis Roberts) and Silver Lake Partners acquisition and privatization, the formation of an Hua company.

Annwa high customers include MITSUBISHI motors, SIEMENS, CISCO, HP, IBM, LG electronics, Logitech (Logitech), Motorola, Samsung, Sony Ericsson (Sony Ericsson Mobile Communications).

The main products include: Annwa high high brightness and high power LEDs, PLCC surface mount LED and display backlight module, covering electronic signs and signals, automotive electronics, solid-state lighting and LCD backlight market.

Source: Chinese semiconductor lighting network