another deal, like the energizer bunny
Qiao Xing enters mobile market with eZiText(TM)
PR NEWSWIRE - January 03, 2001 09:00
CALGARY, Jan 3, 2001 /PRNewswire via COMTEX/ -- China's top fixed and cordless phone manufacturer has licensed eZiText(TM) to enhance its new mobile phone offering. Zi Corporation (NASDAQ: ZICA) (TSE: ZIC) has signed a licensing and royalty agreement with Huizhou Qiao Xing Group Co., Ltd., the parent company of Qiao Xing Universal Telephone Inc., a publicly traded company listed on the NASDAQ National Market (XING).
Qiao Xing has licensed eZiText(TM) to support their entry into mobile phone manufacturing. The company plans to begin manufacturing mobile phones on both CDMA and GSM platforms, with eZiText(TM) included in both implementations. The agreement covers the use of eZiText(TM) in Simplified Chinese, Traditional Chinese and English.
"Entry into China's highly competitive handset market is dependent on innovation and customization," says Kam Ching, director business development and sales, PRC, Zi Corporation. "eZiText(TM) adds value and broadens the market reach for handset products."
Qiao Xing entered the Chinese telecom manufacturing scene in 1992. Initially, Qiao Xing produced devices for other companies, but quickly graduated to manufacturing their own product line. Qiao Xing has captured a strong position in the Chinese market with products such as the world's first cordless telephone with Chinese display.
"We have achieved our position by creating products that meet the needs of Chinese consumers," said Rui Lin Wu, chairman, Qiao Xing. "Our new mobile phone offering will be enhanced with eZiText(TM), providing consumers with a government certified solution which is easy to learn and use."
Qiao Xing is one of China's leading telephone manufacturers and was rated first in telephone sales in China for 1999. The company currently produces 165 models of corded telephones and 25 cordless models. Qiao Xing is expanding its offering to include DECT phones, CDMA handsets and GSM mobile phones. Products are sold under the Qiao Xing brand through an extensive sales network with over 1,300 retail locations throughout China. Qiao Xing obtained its listing on the NASDAQ National Market (XING) in 1999. |
