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$heff's $tation of $tocks & $olid DD
TBOW: China to designate their platform as standard.
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GlobeTrade
Friday, August 31, 2012 11:59:15 AM
Re:
GlobeTrade
post# 57898
Post #
of
68963
TBOW: China to designate their platform as standard.
H
ere is some news that few investors have noticed but a few of us have developed over last 48 hours.
TBOW & the mammoth ChinaUnionPay are partners on the 13.56 Mz platform.
Other giant telecoms, banks, etc are using a different platform.
The battle for which platform would become the Chinese universal standard involves tens of billions of dollars in profits going forward.
Think, Betamax vs. VHS going years back for an anology.
Well, It is clear now that TBOW & ChinaUnionPay are about to be designated the winners.
It is hard to overstate just how big this news is for TBOW.
The links are below. Plain and simple.
China decision on 13.56Mz.:
http://www.chinadaily.com.cn/business/2012-08/30/content_15721746.htm
TBOW & ChinaUnionPay partnership news. via reuters:
http://www.reuters.com/article/2012/03/28/idUS110793+28-Mar-2012+PRN20120328
NOTE:
The China Daily is the official arm of the Chinese government. NOTHING appears in that paper that the Chinese government does not approve. Basically, the nes link above is unofficial. official news.
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