SHANGHAI, China, Jan. 3, 2012 (GLOBE NEWSWIRE) -- RDA Microelectronics (Nasdaq:RDA) ("RDA Microelectronics" or the "Company"), a fabless semiconductor company that designs, develops and markets Radio Frequency (RF) and mixed-signal semiconductors for cellular, connectivity and broadcast applications, announced that the Company is eligible for inclusion on the NASDAQ Global Select Market as of today, January 3, 2012. RDA Microelectronics will continue to trade under the ticker symbol "RDA".
The NASDAQ Global Select Market has the highest financial listing standards of any stock market in the world, with qualification measures including market value, liquidity and earnings. Inclusion in the NASDAQ Global Select Market is a mark of achievement, leadership and stature for qualified companies and provides investors with superior trading quality.
"We are extremely pleased to have met NASDAQ's most stringent financial listing standards and be included on the NASDAQ Global Select Market," said Vincent Tai, chairman and CEO of RDA Microelectronics. "This achievement is strong validation of the Company's dedication to the highest financial standards and corporate governance practices."
About RDA Microelectronics
RDA Microelectronics is a fabless semiconductor company that designs, develops and markets radio-frequency and mixed-signal semiconductors. The Company's product portfolio currently includes power amplifiers, transceivers and front-end modules, Bluetooth system-on-chip, Wi-Fi, Bluetooth and FM combo chips, FM radio receivers, set-top box tuners, analog mobile television receivers, CMMB mobile television receivers, walkie-talkie transceivers and LNB satellite down converters. For additional information, please see the Company's website at http://www.rdamicro.com.