Zoom Technologies Inc. (ZTNO)

[hpham10]

ZOOM: The Biggest story here is that ZOOM is using Qualcomm chips to make 3G mobile devices (Leimone brand) which are then sold under China Mobile, the largest mobile operator in the world.
http://www.reuters.com/article/2011/04/13/us-zoomtechnologies-idUSTRE73C2ZH20110413
http://investors.zoom.com/releases.cfm
http://investors.zoom.com/releasedetail.cfm?ReleaseID=624301
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Partnerships, Future Growth:
Nov 16th 2011:
Zoom Technologies' Leimone Brand Wins Qualification for China Mobile Product Lineup

BEIJING, Nov. 16, 2011 (GLOBE NEWSWIRE) -- Zoom Technologies, Inc. (Nasdaq:ZOOM), a leading China-based manufacturer of wireless phones and a cellular service and products distributor in the U.S., today announces that its "Leimone" brand 3G mobile phones have been approved by China Mobile for its TD-SCDMA product lineup expected for the first quarter of 2012. China Mobile is the largest mobile operator in the world with 634 million subscribers in China including 43 million TC-SCDMA users. Zoom's "i99," a new 3G model specially designed for China Mobile, is in its final phase of testing by the operator. Once approval is obtained, the i99 will be branded with China Mobile's 3G Logo and will be available on China Mobile's vast national retail network and also its Electronic Purchase Platform (EPP), and be sold bundled with China Mobile's various service plans.

Mr. Leo Gu, Chairman and CEO of Zoom Technologies, stated that, "I am very excited that our Leimone brand TD-SCDMA mobile phones will soon enter China Mobile's extensive sales network. We are proud of our entrance into the fast growing 3G TD-SCDMA market of China and our ability to produce products for the largest mobile carrier in the world."
http://investors.zoom.com/releasedetail.cfm?ReleaseID=624301

October 26, 2011
Spreadtrum and Zoom Technologies Partner to Pursue Manufacturing and Operator Business for Overseas Markets
In Tandem, Spreadtrum Buys 8.3% Stake in Zoom Technologies

BEIJING, Oct. 26, 2011 (GLOBE NEWSWIRE) -- Zoom Technologies, Inc. (Nasdaq:ZOOM), a leading China-based manufacturer of mobile phones and related products, today announces that Spreadtrum Communications, Inc. ("Spreadtrum") (Nasdaq:SPRD), a leading fabless semiconductor provider in China with advanced technology in both 2G and 3G wireless communications standards, has partnered with Zoom Technologies to pursue new business opportunities in overseas markets. In tandem, Spreadtrum has purchased an 8.3% stake in Zoom Technologies.

Dr. Leo Li, Spreadtrum's Chairman and CEO, commented, "We are pleased to be partner with Zoom on international business opportunities where ODMs, OEMs and international operators require turnkey supply chain delivery."

Spreadtrum purchased 1,676,300 newly issued unregistered shares of Zoom common stock at $1.73 per share, which is the average closing price of Zoom for the 20 consecutive trading days from September 20 through October 17, 2011. Post transaction, Spreadtrum will hold 8.3% of Zoom. Considered a long-term investment from Spreadtrum, no registration rights or warrants are attached to this purchase of Zoom common stock.

Lei Gu, Chairman and CEO of Zoom Technologies, stated: "The partnership with Spreadtrum is a strong vote of confidence in Zoom's business and management as well as our future growth prospects based on our solid performance. We believe this transaction will complement and enhance our strength and capabilities, unleashing benefits of strategic development, bringing long term benefits to both companies."
http://investors.zoom.com/releasedetail.cfm?ReleaseID=618060

October 13, 2011
ZOOM Acquires Portables Unlimited -- Wholesale Distributor for T-Mobile USA

BEIJING, Oct. 13, 2011 (GLOBE NEWSWIRE) -- Zoom Technologies, Inc. (Nasdaq:ZOOM), a leading China-based manufacturer of mobile phones and related products, today announced it has signed a definitive agreement to acquire a 55% share of Portables Unlimited LLC ("Portables"), one of the largest exclusive wholesale distributors of T-Mobile products in the United States. Portables has direct access to more than 1,000 retail locations across twenty States selling T-Mobile products, including approximately 100 exclusive T-Mobile carrier locations. This strategic acquisition is the first of its kind for a China-based handset manufacturer to join forces with a US cellular distributor, allowing ZOOM distribution capability in the US market.
http://investors.zoom.com/releasedetail.cfm?ReleaseID=614658

April 13, 2011
Qualcomm and Zoom Technologies Sign WCDMA Subscriber Unit License Agreement

BEIJING----April 13, 2011¡ª Qualcomm Incorporated (NASDAQ: QCOM), a leading developer and innovator of advanced wireless technologies, products and services, and Zoom Technologies, Inc. (NASDAQ: ZOOM) today announced that they have entered into a subscriber unit license agreement. Under the terms of the agreement, Qualcomm has granted Zoom a worldwide, royalty-bearing patent license to develop, manufacture and sell WCDMA and TD-SCDMA subscriber units. The royalties payable by Zoom are at Qualcomm¡¯s standard worldwide rates.
http://investors.zoom.com/releases.cfm

Read more about ZOOM here
http://investors.zoom.com/index.cfm