In April 2015, ASR Microelectronics (Shanghai) Co., Ltd. was established. The company's founder and CEO is Vincent Tai. ASR is headquartered in Shanghai Zhangjiang Hi-Tech Park and has a US and Korean R & D team, dedicated to the platform development, program delivery, technical support, and service of mobile intelligent communication terminals, Internet of things, navigation, and other consumer electronics chips, including 2G, 3G, 4G, and multi-standard communication standards.
As of December 2016, ASR registered a capital of $ 153.7 million. Major shareholders include Shanghai Pudong Nova Newstar Venture Capital Limited Company, Shanghai Pudong Science and Technology Investment Limited Company, Shanghai Yi Tai Venture Capital Partnership (Limited Partnership), Shanghai Wu Yuefeng Venture Capital Partnership (Limited Partnership), and so on.
In April 2017, Alibaba and Shenzhen venture capital investment ASR.
In May 2017, ASR Microelectronics(Shanghai)Co., Ltd. completed the acquisition of Marvell MBU(Mobile Business Unit). After the acquisition, ASR will become the only 6 mode baseband company except for Hisilicon in China, with complete, strong baseband platform research and development capabilities, mobile communications, Internet of things, and smart handheld device market to provide better Product program and efficient technical support.