News and Research on Qiao Xing Mobile Communication Co., Ltd. (QXM)
Business Description
Qiao Xing Mobile Communication Co., Ltd. engages in the manufacture and sale of mobile handsets in China. The company offers mobile handsets based primarily on GSM global cellular technologies. It conducts all of its business through a subsidiary in the Peoples Republic of China, CEC Telecom Co., Ltd (CECT). Its products are sold under the ‘CECT’ brand name.
Products
The company manufactures and sells a variety of mobile handsets that are primarily based on GSM global cellular technologies. As of December 31, 2006, the company offered approximately 53 different handset models to its customers. These products include features such as multimedia functions, touch-screen pads, open operating systems, built-in 4-megapixel video cameras, large LCD screens, ultra-long standby battery and ultra-thin design. Its ultra-long standby products provide up to 1,700 hours of standby time.
The company also develops and produces products based on a limited number of handset platform designs. In addition, the company is in the process of developing new handset models with new features, such as Global Positioning System, or GPS functions, built-in TV and fingerprint identification.
Distribution: The company’s distributors sell its products to approximately 300 local distributors and approximately 4,000 retail outlets and directly to end users, covering 27 provinces and municipalities in China. These retail outlets mainly include handset retail chains, electronic appliance retail chains and department stores.
Suppliers
The company sources chipsets from Philips NXP and Skyworks Solutions, Inc.; and LCD screens from LG Electronics, Truly Semiconductors Ltd. and Marubeni Corporation.
Competition
The company’s competitors include domestic mobile handset producers such as Lenovo Group Limited, Bird Ningbo Co., Ltd., Amoi Electronics Co., Ltd., Konka Group Co., Ltd., TCL Communication Technology Holdings Limited, and Haier (Qingdao) Telecom Co., Ltd. and multinational mobile handset producers, such as Nokia Corporation, Motorola, Inc., Samsung Electronics Co., Ltd., Sony Ericsson Mobile Communications (China) Co. Ltd., and LG Electronics (China) Ltd.
History
Qiao Xing Mobile Communication Co., Ltd. was incorporated in 2002.
