Ninestar’s Geehy Microelectronics chip business is proceeding with plans for an initial public offering (IPO) of its shares in China. Geehy Microelectronics was formerly known as Apex Microelectronics (see “Apex Microelectronics Is Now Geehy Microelectronics”). The company’s original claim to fame was designing compatible chips for printer supplies and it still does this, but Geehy