Qiao Xing

Qiao Xing (Grey Market: XINGF, Chinese: 侨兴; pinyin: Qiáo Xīng) is the first Chinese telephone manufacturer listed on the NASDAQ. Is it the American arm of Cosun Group.

History

CECT P168+ mobile handset

Cosun Group was incorporated in April 1992 as a traditional fixed-line telephone maker in China. Headquartered in Huizhou, the company has two US-listed arms: Qiao Xing Mobile Communication and Qiao Xing Universal Telephone, Inc. (Nasdaq: XING).[1]

In March 2002, Cosun Group spent CNY 316 million acquiring CECT.[1]

Qiao Xing's net sales have grown from USD46 million in 1997 to USD365 million in 2009.[2] A majority owned subsidiary of Qiao Xing, or better known as CECT, is a top three domestic seller of mobile phones in China, with product lines that include Dual SIM phones and Windows Mobile Smartphones.

References

  1. 1 2 http://callcenterinfo.tmcnet.com/news/2009/04/28/4153313.htm
  2. ↑ Invalid Ticker Symbol - Yahoo! Finance
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.