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NETWORK Our international network of strategic relationships is one of our key assets and competitive advantages. Since our founding, PVP has cultivated extensive relationships with prominent business leaders, entrepreneurs and corporations throughout the Pacific Rim region. Our strategic partners play prominent roles throughout the high technology value chain. For example, we can provide our fabless semiconductor design portfolio companies with access to high quality and cost-effective integrated circuit manufacturing through our deep relationships with leading semiconductor foundries as well as with back-end package, test and distribution partners. With increasing levels of integration and the continued momentum of the System-on-a-Chip (SOC) trend, chip companies will also need to work closely with our ODM / OEM partners to supply complete modules and sub-systems to the end customer. Finally, our system partners benefit both chip and component vendors, as well as our other system-level portfolio companies by providing opportunities for growth-generating strategic relationships. Our advisory board is comprised of technology leaders, successful entrepreneurs and industry consultants who provide us with investment ideas and insight in a number of key areas, including investment strategy in both Asia and Silicon Valley. We work actively with our advisory board members and often seek their guidance when evaluating a potential investment or helping a portfolio company solve a particularly difficult business issue. By working in conjunction with our network of strategic and advisory partners, we are better able to identify and evaluate new investment opportunities, as well as provide our portfolio companies with access to overseas customers, suppliers, partners and markets. As a result, our portfolio companies benefit not only from the capital and advice that we provide, but also from the breadth of our network and its wealth of local and global resources.
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