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Monday, 06/19/2006 1:41:10 PM

Monday, June 19, 2006 1:41:10 PM

Post# of 173789
XING booming: An article published earlier this month by a reputed columnist of telecom industry on a famous electronic site:

http://telecom.chinabyte.com/328/2430328.shtml

Point 1: all 9 domestic phone manufacturers, including CECT, who have reported 1Q earning so far all showed improved profitability.

Point 2: Most manufacturers have had increasing orders on exports because of the increased popularity of Chinese-made cell phones.

Point 3: Numerous big foreign carriers and cell phone sellers - Vodafone, NTT DoKoMo (did't I mention it several times before?), SKT (Korea), France Telecom, etc. - have placed unprecedented huge amount of orders in the 2006 Telecom Industry Expo in May 18th ~ 20th (didn't I also mentioned this show 1000 times before?).

Point 4: Because of the advent of 3G in China, there is a new wave of enthusiasm and cell phone update, resulting in a big new revenue source for domestic cell phone brands in the coming years.

Kev

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