Zoom Technologies ( WKN: A0Q7CT / ZOOM ) NASDAQ
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HOMEPAGE: www.zoomleimone.com/html/index.html
PRESENTATION (03/2010): investorshub.advfn.com/boards/read_msg.aspx
FACTSHEET: www.zoomleimone.com/resources/Zoom%203Q09%20Factsheet%202009Dec.pdf
ABOUT ZOOM TECHNOLOGIES
Zoom Technologies is a well established high-tech enterprise in electronic and telecommunication product design, development, processing and
manufacturing for 3rd generation mobile phones, wireless communication circuitry, and related software products. Zoom Technologies’ subsidiary,
Jiangsu Leimone, owns a majority stake of TCB Digital, which offers highly customized and high quality Electronic Manufacturing Service (EMS) for
Original Equipment Manufacturer (OEM) customers such as Samsung and K-Touch, the largest domestic brand in China surpassing Motorola, Sony
Ericsson, and LG, and also designs and manufactures its own brand of mobile phones under the Leimone brand. Zoom is ranked among the top 10
Chinese mobile phone manufacturers in capacity with over 1,400 employees.
POSITIONED FOR GROWTH
• Identified a niche market and focuses on developing mid to high-end, feature-rich, customized phones at a competitive prices
• Effectively leverage manufacturing and R&D capabilities and strong government connection.
• Focus on distribution to municipal level agents in tier 3 and tier 4 cities to utilize their extensive networks to sell products
• Collaborate with major telecoms to introduce bundled phones, which we believe is more economical and convenient to customers
• 204% revenue growth year over year and next income expected to exceed $6 million in 2009
RECENT CORPORATE HIGHLIGHTS
• Third quarter 2009 revenue increased 204% year over year to $55.29 million
• Third quarter net income increased 138% year over year to $1.73 million
• Full year 2009 revenue guidance increased to between $185 and $195 million from $145 to $155
million
• Full year 2010 net income guidance in the range of $10.75 to $11.25 million on adjusted basis
• Continued listing on Nasdaq, under ticker “ZOOM” following share exchange with Gold Lion Holdings Ltd.
• Entered into an agreement with China Telecom to distribute LEIMONE mobile phones
CHINA’S MOBILE PHONE MARKET
• Largest mobile phone subscriber base in the world with 641 million subscribers in 2008. The figure is expected to grow at a CAGR of 17.7%
through 2010, reaching 893 million.
• Mobile phone penetration rate is only 47% as compared to over 90% or even over 100% in many developed and developing countries -- Huge
untapped market in the 3rd tier and 4th tier cities.
• 3G network commercialization will drive subscriber demand for feature-rich, customized mobile phones with new applications and large volume
data transmission.
• Global sales of feature-rich smart phones expected to increase from 9 million units in 2003 to 418 million units in 2010; percentage of total
mobile handsets sales expected to increase from 1.7% to 33% during the same period.
Zoom Technologies to Enter China New Media Arena Through Leimone Culture Deal With China Central Television
Mar 24, 2010 08:32 ET
http://www.marketwire.com/press-release/...na-NASDAQ-ZOOM-1137037.htm
Leimone Culture and CCTV Sign the First Official CCTV Contract for Mobile Media Services
BEIJING--(Marketwire - March 24, 2010) - Zoom Technologies, Inc. (NASDAQ: ZOOM), a leading China-based manufacturer of mobile phones and other mobile electronic products, today announced that the Company's previously disclosed acquisition target, Beijing Leimone Shengtong Culture Development Company (Leimone Culture), has signed an agreement with China Central Television (CCTV), the major state television broadcaster in China, with 19 channels broadcasting to more than one billion viewers. According to the agreement, Leimone Culture will provide approved media content to CCTV's mobile users and will bundle CCTV.com's mobile TV access link onto Zoom's branded "Leimone" mobile phones and onto Zoom Original Equipment Manufacturer (OEM) customers' phones.
Pursuant to Section 1.3 of the Share Exchange Agreement dated January 28, 2009 between Zoom, Gold Lion Holding Ltd and Mr. Lei Gu, which shareholders of Zoom approved on September 8, 2009, Zoom has the option of purchasing Mr. Gu's shares of a list of companies controlled by him, and among these companies is Leimone Culture of which Mr. Gu owned 70% in September 2009. On December 1, 2009, Zoom's board of directors approved to pursue the acquisition of 100% of Leimone Culture subject to further due diligence, with details of the transaction to be finalized in the first half of 2010.
Mr. Leo Gu, Chairman and CEO of Zoom Technologies, commented, "This agreement with CCTV is the first of its kind for mobile media services, and is a milestone for Leimone Culture and Zoom Technologies. It partners Zoom through Leimone Culture with the largest media company in China, and positions us to benefit from the outstanding growth expected in the business of delivering video programs to mobile phones. We expect our mobile media business to grow significantly once Zoom completes the acquisition of Leimone Culture later this year. China's continuing economic growth and the strength of our manufacturing business also give us confidence in achieving significant growth."
CCTV currently captures 60% of China's mobile media services, making CCTV the largest program provider of "new media" for the mobile handset. Leimone Culture is the first company officially contracted by CCTV to participate with CCTV in this new mobile media service. Leimone Culture will generate revenue based on viewership of media programs supplied by Leimone Culture onto CCTV's mobile TV program access link. Leimone Culture has been selected as CCTV's supplier for a number of reasons, including content quality and Zoom's manufacturing capabilities, which can bundle the CCTV mobile TV access link in up to 10 million mobile phones in 2010.
Zoom expects to finalize the acquisition of Leimone Culture by mid-year 2010.
Leimone Culture has been a provider of mobile video services to China's top tier mobile phone service providers, including China Mobile since 2005 and China Unicom since 2007. Since the advent of 3G in China in mid-2009, Leimone Culture has captured revenues from advertisements loaded onto new phones, value-added applications provided to the mobile operators, the production of mobile short films, and web-based ad sales.
http://yahoo.brand.edgar-online.com/...t&dcn=0001136261-09-000349
http://www.marketwire.com/press-release/...ts-NASDAQ-ZOOM-1139528.htm
Zoom Technologies to Report Fourth Quarter and Full Year 2009 Financial Results
BEIJING--(Marketwire - March 29, 2010) - Zoom Technologies, Inc. (NASDAQ: ZOOM), a leading China based manufacturer of mobile phones and other mobile electronic products, today announced it will release fourth quarter and full year 2009 financial results for the period ended December 31, 2009 after the market closes on Tuesday, March 30, 2010.
A conference call to review the results will begin at 5:00 p.m. US Eastern Time on March 30 (5:00 a.m. China Time, on Wednesday, March 31, 2010). The earnings call will be hosted by Chief Financial Officer, Anthony Chan.
The dial-in numbers are +1-877-407-9039 for US domestic callers and +1-201-689-8470 for international callers. A telephonic replay of the call will be available through April 14, 2010. The replay dial-in numbers are +1-877-660-6853 for US domestic callers and +1-201-612-7415 for international callers. The account number to access the replay is 3055 and the conference ID number is 348255.
About Zoom Technologies
Zoom Technologies is a holding company with subsidiaries that engage in the manufacturing, research and development, and sale of electronic and telecommunication products for 3rd generation mobile phones, wireless communication circuitry, and related software products. Zoom Technologies' subsidiary, Jiangsu Leimone, owns a majority stake of TCB Digital, which offers highly customized and high quality Electronic Manufacturing Service (EMS) for Original Equipment Manufacturer (OEM) customers as well as its Own Brand Manufacturing (OBM) under the brand name of Leimone. The company's products are both exported and sold domestically.
Date : 03/30/2010 @ 4:00PM
Source : MarketWire
Stock : Zoom Technologies (ZOOM)
http://ih.advfn.com/...9979360&article=42192906&symbol=N^ZOOM
Zoom Technologies, Inc. (NASDAQ: ZOOM)
Full Year 2009 Highlights:
-- Net income grew 121% year over year to $6.24 million, exceeded upper
end of guidance
-- Revenue increased 135% over last year to $189.06 million
-- EMS volume reached 8.5 million units as compared to 5.4 million for
2008
-- Sold 100,000 proprietary "Leimone" brand phones
Full Year 2010 Guidance:
-- Net income guidance in range of $10.5 million to $11.5 million
-- Revenue estimates between $240 and $260 million
-- EMS volume growth to 10 million units
-- "Leimone" brand phone sales at 700,000 units
-- Increase export activities to Asia, South America and the Middle East
First Quarter 2010 Guidance:
-- Net income in range of $1.5 to $1.7 million versus $0.92 million for
same quarter 2009
-- Revenue between $38 to $42 million as compared to $28.82 million for
year ago quarter
...weiter siehe LINK
30-Apr-2010
Entry into a Material Definitive Agreement, Financial Statements and Exhibi
Item 1.01 Entry into a Material Definitive Agreement
On April 29, 2010, Zoom Technologies, Inc. (the "Company") executed a share exchange agreement (the "Agreement") to acquire 100% of the shares of Nollec Wireless Company Ltd., ("Nollec Wireless") a mobile phone and wireless communication design company located in Beijing, China (the "Acquisition"). The parties to the Agreement include the Company as the acquirer of Nollec Wireless and:
a) Silver Tech Enterprises, Ltd. ("Silver Tech"), a holding company founded in July 2005, organized and existing under the laws of the British Virgin Islands, which owns 100% of Ever Elite Corporation, Ltd.;
b) Ever Elite Corporation, Ltd. ("Ever Elite"), a holding company founded in June 2007, organized under the laws of Hong Kong Special Administrative Region which owns 100% of Nollec Wireless Company, Ltd.;
c) Nollec Wireless Company, Ltd., the operating company founded in June 2007, organized under the laws of the People's Republic of China;
d) Key Network Holdings, Ltd. ("KNH"), a BVI company, owner of 76.8% of the outstanding stock of Silver Tech; and
e) Better Day Finance, Ltd. ("BDF"), a BVI company, owner of 23.2% of the outstanding stock of Silver Tech.
Following the closing of the acquisition of Nollec Wireless, each of Silver Tech, Ever Elite and Nollec Wireless will be wholly owned subsidiaries of Zoom, as described in the diagram below:
[[Image Removed]]
Under the terms of the Agreement, KNH and BDF will sell their combined 100% ownership of Silver Tech to the Company. The consideration paid for Silver Tech, which owns 100% of Ever Elite which in turn owns 100% of Nollec Wireless will be US$10.96 million in cash and stock. The consideration agreed upon by Zoom, KNH and BDF is based on an appraisal report conducted by Beijing Jingdu Zhongxin Assets Valuation Company Ltd., an affiliate of Grant Thornton. Pursuant to the Agreement, $1.37 million of the total consideration will be paid in cash by the Company and the balance of $9.59 million will be paid by the issuance of 1,342,599 shares of the Company's common stock ("Payment Shares"). The price of the Payment Shares was based on the weighted average closing price of Zoom shares as traded on Nasdaq for the 10 consecutive trading days prior and leading up to the day immediately before the date of the Agreement. The sellers in the Transaction, KNH and BDF, will execute lock up agreements which restrict them from transferring the Payment Shares for a period of 6 months from the closing date of the transaction. Closing of the Transaction is subject to customary closing conditions and deliverables by the Company, KNH and BDF.
Nollec Wireless primarily focuses on research and development of mobile phones, and hardware and software solutions for domestic Chinese and oversea customers. Its design team includes experienced engineers in the core technologies of wireless communication and mobile phone development. Nollec provides state of the art industrial, user inter-phase, mechanical and engineering designs and software and hardware integration. Its clients include certain domestic and international mobile phone manufacturers including Philips, Lenovo, Sonim, Gionee and Borqs.
Nollec Wireless generates revenues by charging clients a design fee plus a royalty fee based on the number of units of phones actually sold. Its unaudited financial results for the years ended December 31, 2009 and 2008 showed revenues of $6.2 million and $7.1 million respectively, and net income of $1.3 million and $0.9 million respectively.
May 10, 2010 14:47 ET
http://www.marketwire.com/press-release/...ts-NASDAQ-ZOOM-1257391.htm
BEIJING--(Marketwire - May 10, 2010) - Zoom Technologies, Inc. (NASDAQ: ZOOM), a leading China based manufacturer of mobile phones and other mobile electronic products, today announced it will release first quarter 2010 financial results for the period ended March 31, 2010, before the market opens on Wednesday, May 12, 2010.
A conference call to review the results will begin at 9:00 a.m. US Eastern Time on May 12 (9:00 p.m. Beijing Time). The earnings call will be hosted by Chief Financial Officer, Anthony Chan.
The dial-in numbers are + 1-877-407-0789 for US domestic callers and + 1-201-689-8562 for international callers. A telephonic replay of the call will be available through May 26, 2010. The replay dial-in numbers are + 1-877-660-6853 for US domestic callers and + 1-201-612-7415 for international callers. The account number to access the replay is 3055 and the conference ID number is 350350.
About Zoom Technologies
Zoom Technologies is a holding company with subsidiaries that engage in the manufacturing, research and development, and sale of electronic and telecommunication products for 3rd generation mobile phones, wireless communication circuitry, and related software products. Zoom Technologies' subsidiary, Jiangsu Leimone, owns a majority stake of TCB Digital, which offers highly customized and high quality Electronic Manufacturing Service (EMS) for Original Equipment Manufacturer (OEM) customers as well as its own brand under the brand name of Leimone. The company's products are both exported and sold domestically. For more information about Zoom Technologies please visit Zoom's corporate website at http://www.zoomleimone.com
ZOOM CHART !
Insider Own 45.96% / Short Float 6.11%
Shs Float 4.85M / Shs Outstand 8.98M
http://www.finviz.com/quote.ashx?t=zoom&ty=c&ta=1&p=d
Und geändert hat sich ja nichts ausser dass die Zukunft hier wohl eher besser als schlechter aussieht ! :-)
Target 12$ und das ist längerfristig wohl eher sogar gelowballed ?
http://www.finviz.com/quote.ashx?t=zoom
Zoom Q1 beats, raises full-year outlook; shares rise
http://www.reuters.com/article/idCNSGE64B0H920100512?rpc=44
"We will continue to focus on our mobile manufacturing business in 2010, as the market opportunity in China is in high demand," Chief Executive Lei Gu said in a statement.
---------------------------------
HIGH DEMAND !!!!
Und die Aqui von Nolltec Wireless sollte ja auch bald abgeschlossen sein.
May 12, 2010 08:00 ET http://www.marketwire.com/press-release/...ce-NASDAQ-ZOOM-1258647.htm Zoom Technologies Reports First Quarter 2010, Results Exceed Revenue and Net Income Guidance BEIJING--(Marketwire - May 12, 2010) - Zoom Technologies, Inc. (NASDAQ: ZOOM) Quarterly Highlights: -- Net revenue increased 77% year over year to $50.98 million -- Net income grew 113% over last year to $1.90 million -- Sold $4.63 million of proprietary LEIMONE brand phones Guidance: -- Second Quarter 2010 net revenue between $56 and $62 million -- Second Quarter 2010 net income between $1.8 and $2.2 million -- Increased full year 2010 net revenue guidance between $250 and $270 million -- Increased full year 2010 net income guidance between $11.5 and $12.5 million Zoom Technologies, Inc. (NASDAQ: ZOOM), a leading China-based manufacturer of mobile phones and other mobile electronic products, reported financial results for the first quarter ended March 31, 2010. Mr. Lei Gu, Chairman and Chief Executive Officer of Zoom Technologies, commented, "Our first quarter results exceeded our expectations and reflect the success of our business plans in the dynamic mobile phone industry in China. We reported another quarter of tremendous year over year revenue growth and are encouraged to start 2010 with a sequentially higher net income then in the historically strongest fourth quarter. Our strong position in the momentous and growing Chinese cell phone manufacturing market and the success of our own brand LEIMONE phones led to this exciting financial performance which we expect to continue going forward." For the first quarter of 2010, Zoom reported net revenue of $50.98 million, up 77% over $28.82 million for the first quarter 2009. Against the seasonally slower first quarter, sales for the 2010 first quarter came in stronger than expected. The year over year revenue growth was primarily due to an increase in orders from domestic EMS customers and an increase in sales of Zoom's own branded LEIMONE phones. Net income for the first quarter ended March 31, 2010 was $1.90 million compared to net income of $0.89 million for the first quarter of 2009, and even surpassing the $1.89 million in the fourth quarter of 2009, which is historically our strongest quarter. Gross profit for the first quarter 2010 was $4.18 million, up 56% from $2.68 million for the first quarter 2009 and up 62% from the fourth quarter 2009. Gross margin for the first quarter of 2010 was 8.2%, up from 6.0% for the full year 2009. The increase in gross margins for the first quarter 2010 compared to the full year 2009 is partially due to sales of Zoom's own brand phones which carry higher margins. Net margin for the first quarter 2010 was 3.7%, an increase from 3.2% in the first quarter of 2009. Mr. Gu continued, "We are also delighted to have recently executed a share exchange agreement with Nollec Wireless Company which we expect to close by the end of May 2010. Nollec Wireless is capable of designing in any and all mobile phone platforms, and has experience in global launches and delivery of phone models. The acquisition of Nollec Wireless will strengthen Zoom's position in the mobile phone business due to Nollec's strong R&D background in all aspects of mobile phone design such as chipsets, electronic hardware design, application software development, mechanical design and system design. We are extremely excited that Nollec can contribute to develop new and more technologically advanced LEIMONE mobile phones including the Android OS phone expected to be released in the third quarter 2010." Looking ahead, Mr. Gu remarked, "We will continue to focus on our mobile manufacturing business in 2010, as the market opportunity in China is in high demand and we are ready to take advantage of the foreseeable growth in China's mobile market. For the second quarter 2010, we expect net revenue to be between $56 and $62 million and net income is expected to in the range of $1.8 and $2.2 million. For the full year 2010, we are upwardly revising our guidance and now expect net revenue to be between $250 and $270 million and net income between $11.5 million to $12.5 million. We previously guided full year 2010 net revenue to be between $240 and $260 million, and net income to be between $10.5 and $11.5 million." Conference Call Details A conference call to review the results will begin at 9:00 a.m. US Eastern Time on May 12 (9:00 p.m. Beijing Time). The dial-in numbers are + 1-877-407-0789 for US domestic callers and + 1-201-689-8562 for international callers. A telephonic replay of the call will be available through May 26, 2010. The replay dial-in numbers are + 1-877-660-6853 for US domestic callers and + 1-201-612-7415 for international callers. The account number to access the replay is 3055 and the conference ID number is 350350. About Zoom Technologies, Inc. Zoom Technologies is a holding company with subsidiaries that engage in the manufacturing, research and development, and sale of electronic and telecommunication products for 3rd generation mobile phones, wireless communication circuitry, and related software products. Zoom Technologies' subsidiary, Jiangsu Leimone, owns a majority stake of TCB Digital, which offers highly customized and high quality Electronic Manufacturing Service (EMS) for Original Equipment Manufacturer (OEM) customers as well as its own brand under the brand name of Leimone. The company's products are both exported and sold domestically. For more information about Zoom Technologies please visit Zoom's corporate website at http://www.zoomleimone.com. Forward-Looking Statements Certain statements in this press release may constitute "forward looking statements" that involve risks and uncertainties. These include statements about our expectations, plans, objectives, assumptions or future events, including our expansion in other 3G enabled mobile phones and the acquisition of Leimone Culture, which may require shareholder approval that cannot be assured. You should not place undue reliance on these forward-looking statements. Information concerning factors that could cause our actual results to differ materially from these forward-looking statements can be found in our periodic reports filed with the Securities and Exchange Commission. We undertake no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events. .......
Date : 07/12/2010 @ 8:00AM
Source : MarketWire
Stock : Zoom Technologies (ZOOM)
http://ih.advfn.com/...pid=nmona&article=43564405&symbol=ZOOM
Zoom Technologies, Inc. (NASDAQ: ZOOM), a leading China based manufacturer of mobile phones and other mobile electronic products, announced today that its mobile phone design subsidiary, Nollec Wireless, has signed a non-binding memorandum of understanding with Datang Capital Management (Beijing) Company, Ltd. ("Datang Capital") for an investment of Rmb 10 million (approximately US$1.5 million) from Datang Capital into Nollec Wireless.
The cash injection is intended to be used for Nollec's further development of advanced mobile handsets and to expedite the commercialization of next generation features through the integration of user-friendly software applications with state-of-the-art hardware modules. Datang Capital is the investment company of Datang Telecom (Shanghai Stock Exchange: 600198), a Chinese telecommunication equipment vendor well recognized for its leading role in developing the Chinese TD-SCDMA 3G mobile telecommunications standard through subsidiary Datang Mobile. Terms of the investment are to be finalized in a definitive agreement.
Mr. Leo Gu, Chief Executive Officer of Zoom Technologies, said, "Datang's intended investment in our research arm is a significant endorsement of our R&D and manufacturing capabilities. We look forward to Datang's involvement as we continue our major technology innovation and product introductions to service the burgeoning China mobile market. We expect that Zoom will continue to outpace our competition to meet the customers' demand throughout China."
...(weiter siehe LINK)
http://www.finanznachrichten.de/...hed-128-000-units-highligh-256.htm
Zoom Technologies' Leimone Brand Enjoys High Acceptance by Mobile Phone Customers in China / Sales in First Half 2010 Reached 128,000 Units; Highlights Growing Brand Acceptance and Strong Distributor Relationships; Expects to Sell 600,000 Units in 2010
BEIJING -- (Marketwire) -- 07/21/10 -- Zoom Technologies, Inc. (NASDAQ: ZOOM), a leading China based manufacturer of mobile phones and related products, today announced that 128,000 Leimone brand mobile phones were sold within the first half of 2010, including 16,000 units of the latest 3G design. These phones are sold through one of China's major mobile phone operators, China Telecom, and also through various retail channels. The Leimone brand phones carry a higher profit margin than the Company's contract engineering&manufacturing service (EMS) business activities.
Zoom Technologies began to manufacture and sell its Leimone brand mobile phones in the second quarter of 2009. With the successful launches of several Leimone models so far in 2010, the Company anticipates selling more than 600,000 Leimone units by the end of this year.
Mr. Leo Gu, Chairman and CEO of Zoom Technologies, commented, "Our Leimone phones are extremely popular for their ease of use and attractive price points, a great fit for the growing number of young people in China seeking mid-priced phones with sleek designs. We will continue to focus our manufacturing activities on our core business and explore potential ancillary revenue streams made available by the increasing use of China's 3G networks. We are only beginning to take advantage of the growth in China's mobile phone market for the foreseeable future. With 14 production lines, we have the capacity to manufacture up to 10 million units for our EMS customers and at the same time, produce 12 models of our own feature-rich handsets equipped with the latest technologies, including four models for the 3G networks, two of which we have already introduced this year."
...(weiter siehe LINK)
http://www.finanznachrichten.de/...ve-features-for-rapidly-gr-256.htm
Zoom Technologies' LEIMONE Brand Continues to Drive Appeal to China Telecom's Young User / Reveals Third 3G Phone; Attractive Features for Rapidly Growing Market Segment
BEIJING -- (Marketwire) -- 07/28/10 -- Zoom Technologies, Inc. (NASDAQ: ZOOM), a leading China based manufacturer of mobile phones and related products, today unveiled the LEIMONE E33, its third in a series of 3G "LEIMONE" brand multimedia phones. The E33 phone will be sold through China Telecom, one of China's major mobile phone operators.
Mr. Leo Gu, Chief Executive Officer of Zoom Technologies, said, "This is another milestone in developing our LEIMONE brand into a leading consumer recognized name. The launch of our third 3G LEIMONE phone reflects Zoom's outstanding 3G capabilities and continues to solidify our already strong relationship with China Telecom. This is a very exciting time for Zoom as our LEIMONE brand phones, which carry a higher profit margin than our contract engineering&manufacturing service (EMS) phones, are growing in use and popularity. Zoom believes it is positioned to benefit from the outstanding growth expected in the design and production of advanced mobile phones for China's 3G network. The design and features of our newest E33 phone caters to young users who are price sensitive and yet demand rich multimedia features in their handsets. We are confident that the E33 mobile phone will appeal to China's burgeoning young customer base."
The LEIMONE E33 3G mobile phone is coming to market in September and is targeted for China's younger customers with its fashionable design, sleek interface, and middle to low-end price point. The E33 features a 2.4 inch 65K TFT 320Hx240W aspect ratio back-lit LED screen, a high resolution camera, flash memory expansion slot, FM radio, Bluetooth 2.1 and GPS navigation capabilities, 220 minutes talk time and 120 hours on standby mode, and is fully compatible with China Telecom's 3G applications.
For more information on the LEIMONE E33 and other LEIMONE phones, please visit Zoom Technologies' website at www.zoomleimone.com.
...(weiter siehe LINK)
http://www.finanznachrichten.de/...tial-digital-entertainment-020.htm
CDE primarily focuses on development of video games and applications for mobile phones and mobile platforms.
CDE has developed over 40 titles for the Apple iPhone and is one of the largest developer of iPhone apps in Asia.
Expects 30% Growth in Revenue and Net Income; Underscores Robust Chinese Mobile Phone Market; Zoom Proprietary Brand Sales to Double
http://finance.yahoo.com/news/...-for-iw-3501146229.html?x=0&.v=1