C-Cube Message Board - Msg: 2667061

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Technology Stocks : C-Cube

CUBE 35.64

-0.6%

Nov 20 3:59 PM EST

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To: BillyG who wrote (24948)	11/7/1997 1:33:00 PM
From: DiViT	Read Replies (3) of 50808

XIAXIN AIMS TO BECOME TOP-FLIGHTER ÿ 11/07/97 Xinhua News Agency - CEIS (Copyright 1997) ÿ BEIJING (CEIS) -- XIAXIN ELECTRONICS CO. LTD. OF XIAMEN IN FUJIAN PROVINCE, HAS BECOME A LEADING PRODUCER OF VIDEO-CORDERS, VIDEO CAMERAS AND VCD PLAYER IN CHINA. IT NOW HAS A TOTAL ASSET OF 339.5 MILLION YUAN. THE PREMISE COVERS 23473.08 SQUARE METERS AND FACTORY BUILDINGS TOTALLED 28,000 SQUARE METERS IN FLOOR SPACE. FOUNDED IN AUGUST 1981, XIAXIN USED TO ASSEMBLE PHILIPS AND PANASONIC PRODUCTS BY SKD AND CKD FOR THE PHILIPS AND MATRUSHITA COMPANIES. IN DUE COURSE, THE COMPANY HAS GRADUALLY ACQUIRED THE CAPABILITIES OF SELF-DEVELOPMENT. IT HAS SUCCEEDED IN DEVELOPING ITS OWN COPYRIGHTED SERVO-CPU. THEN IT WENT ON THE DEVELOP SERVO-CPU FOR FOUR MAGNETIC HEADS AND SIX MAGNETIC HEADS PRODUCTS, FORMING ITS OWN PRODUCT SERIES. COOPERATING WITH PHILIPS OF THE NETHERLANDS, THE COMPANY WAS THE FIRST TO LEAPFROG THE CD6 STAGE TO APPLY DIP CONTROL TECHNOLOGY IN ITS SERVO-CIRCUITS AND ADOPT THE CD7 DIGITAL SERVO-CORE PLAN. IT HAS THUS SUCCEEDED IN DEVELOPING A NEW GENERATION OF DIGITAL CORE FOR VCD PLAYERS BY USING ONE IC CARD TO CONTROL CD DEMODULATION AND DIGITAL SERVO-CONTROL. IN ORDER TO MAKE ITS VCD PLAYERS BRANDED "AMOISONIC" MEET THE INTERNATIONAL STANDARDS AND ISO9002 QUALITY COMPLIANCE, IT HAS ADOPTED THE SAME INTERNATIONAL PROCUREMENT SYSTEM AS THAT OF THE PHILIPS. THE COMPANY HAS CREATED MANY "FIRSTS" IN CHINAS ELECTRONIC SOUND SYSTEM INDUSTRY. IT WAS THE FIRST TO PRODUCE THE FIRST CHINESE BRAND SOUND SYSTEM "AMOISONIC". ITS OUTPUT AND SALES VOLUME OF VIDEOCORDERS HAVE RANKED FIRST IN CHINA FOR FOUR SUCCESSIVE YEARS. IT WAS THE FIRST TO DEVELOP SEVEN VIDEOCORDER SERIES BY USING HOME-MAKE K-CORE, WITH ITS OWN COPYRIGHT. IT WAS THE FIRST TO BE CERTIFIED FOR ITS ISO9002 COMPLIANCE BOTH AT HOME AND ABROAD.

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