We are a leading security devices provider for pay TV broadcasting access worldwide and for mobile point-of-sale,or mPOS,payment systems in China. We focus on IC security chip design and solutions, chip design and verification tool development. At present, our main products include conditional access module (or CAM) for secure video decryption and transmission in the field of broadcast and TV payment, mobile point-of-sale (or mPOS) and rapid verification system and software.
We design and develop security devices primarily for the pay TV industry globally through sales of our conditional access module, or CAM, products which provide end users with access to pay TV content. We ranked first in the global CAM market by both sales volume and revenue in 2014 and for the first half of 2015.
In July 2013, we entered the fast-growing hardware-based mobile payment market in the PRC with our mPOS devices. According to Frost & Sullivan, we were the second largest supplier of mPOS devices in China in terms of market share by sales volume in 2014 and for the first half of 2015.
As key software enterprise and national high-tech enterprise, SMIT was awarded Second Prize of National Science and Technology Progress Award, National High-Tech Industrialization Achievement for Ten Years. In the Year 2017, SMIT won prizes like Listed Enterprises of the Year 2017 and Best Innovations from Bloomberg Businessweek/Chinese Edition, Global CAM Market Leadership Award from Frost & Sullivan and Top 10 Sales of Shenzhen IC Design Enterprises of the Year 2017, etc.
In addition to developing new projects and products through independent innovation, SMIT also carries out strategic deployment in the field of integrated circuits and actively seeks and invests in leading technology companies that create synergies with the group's existing businesses. Now we have made a number of major investments, and are also undertaking the national major science and technology projects on development and application of chip design full-process EDA system.
We are headquartered in Hong Kong, with offices in Shenzhen, China and Munich, Germany. Since our inception in 2002, we have grown quickly to serve more than 400 customers with sales in 46 countries worldwide.