Spreadtrum Files for IPO

Spreadtrum Communications Inc., a Shanghai-based fabless maker of wireless chipsets, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol SPRD, with Morgan Stanley and Lehman Brothers serving as co-led underwriters. Shareholders include New Enterprise Associates (24.24% pre-IPO stake), Fortune Venture Group (11.61%) and Pacific Venture Partners (7.7%). www.spreadtrum.com