Cogo Highlights High-End 3G Handset Design Wins with Coolpad Brand finance.yahoo.com
SHENZHEN, China, Feb. 18 /PRNewswire-FirstCall/ -- Cogo Group, Inc. (Nasdaq:COGO), a leading platform services provider for the technology and industrial sectors in China, today announced it had secured design wins with Yulong Computer Telecommunication Scientific (Shenzhen) Co., Ltd., a wholly owned subsidiary of China Wireless Technologies Limited (HKSE:2369). Cogo has secured design wins for customized modules within a number of Yulong's high-end TD-SCDMA handsets that are currently shipping. These modules will have a significantly higher average selling price than those found in Cogo's handset business due to expanded content, including CMMB, China's mobile TV standard.
Yulong is a leading handset manufacturer based in Shenzhen, China and operates under the popular brand, "Coolpad". In 2009, Yulong moved aggressively into manufacturing handsets with TD-SCDMA technology, China's 3G wireless standard. As a key handset supplier to China Mobile, China's largest mobile operator with over 520 million GSM subscribers, Yulong expects its shipments to continue to increase throughout 2010 and 2011. |