02micro (OIIM) Announces Corp. Streamlining
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O2Micro Announces Expense Reduction Plan
November 23, 2015 9:01 AM ESTGEORGE TOWN, Grand Cayman, Nov. 23, 2015 (GLOBE NEWSWIRE) -- O2Micro® International Limited (NASDAQ Global Select Market: OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, today announced an expense reduction plan as it continues to work on improving the operating performance of its businesses, with a near-term goal of reaching a cash breakeven level.
As a result of this plan, the Company has consolidated operations in several worldwide locations in an effort to streamline operations and reduce operating expenses. When fully implemented, the Company is... More
O2Micro Recognized Among 2015 Top Bay Area Innovators
November 19, 2015 9:00 AM ESTGEORGE TOWN, Grand Cayman, Nov. 19, 2015 (GLOBE NEWSWIRE) -- O2Micro® International Limited (NASDAQ: OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, today announced that it was recognized as a 2015 Top Bay Area Innovator by Thomson Reuters in the area of LED Lighting Technologies.
"At Thomson Reuters, it is our belief that patents are a proxy for innovation and that innovation is a driver of economic growth and success. The Thomson Reuters Top 100 Global Innovator program, now in its fifth year, is evidence of this," said David... More
