Dexin OEM mobile phone may have been suspected of black NASDAQ survey

In the domestic mobile phone manufacturers as the winter of 2005, panda, Dbtel and many other domestic mobile phone manufacturers out of the market, Matsushita, MITSUBISHI and other Japanese mobile phone could not withstand the fierce competition in the market and had to leave China. In this harsh environment, engaged in mobile phone design R & D and production of Dexin (Nasdaq: CNTF), the wireless net profit is two consecutive quarters of growth of around 200%. Techfaith so high even where abnormal profits come from? The NASDAQ listed company seems to have been deliberately kept a low profile, has never been to the public about its business operations.

The day before, someone reported to Sohu IT, Techfaith is a project that is a free mobile phone production and sales license (commonly known as mobile phone licences) the design and development of mobile phone manufacturers to provide the production plan, the manufacturers will direct this batch of mobile phone sold in the market, but not for mobile phone network testing. The reporter pointed out that the manufacturer has made a fake mobile phone network access license for the sale of these mobile phones to prepare. This news has been a person with Techfaith internal sense of justice confirmed, the source said, really heard recently some projects in cooperation with the black mobile phone manufacturers. However, as of press time, the Sohu of IT have not been able to contact the Techfaith responsible for marketing of the relevant responsible person to be a positive confirmation.

The production of black mobile phone may have been illegal Dexin NASDAQ survey

According to the professionals familiar with the NASDAQ capital market, listed companies must engage in legitimate business, if there is a violation of the law, will certainly affect the stock market. The people believe that if Techfaith mobile phone OEM black, which violates the market order, so once the relevant departments for investigation, intervention, Techfaith business will undoubtedly hit, business decline will directly affect the trust of investors on the stock, is under investigation by the securities and exchange commission.

Techfaith initial listing, the market data show that Techfaith's gross margin and net profit margin reached 70% and 30%, far higher than those in winter trembling in the domestic mobile phone manufacturers, even more than most of the international brand mobile phone manufacturers. So high profits come from? 2003 will be able to receive 700 million of the results come from?

In July 2005, the company was founded by former Motorola employees in China, the country's domestic mobile phone manufacturers profit margins and difficult winter, successfully landed on the NASDAQ and raised $143 million. Dexin wireless in 2004 Qualcomm, Intel and other companies in the risk investment of $14 million, at first only employs hundreds of people, has more than 2 thousand employees now. The domestic mobile phone manufacturers in general R & D team, generally no more than 30 people, such as NOKIA, Motorola, such as the international brand manufacturers, China's R & D team has only 600 people up and down. In contrast, such a strong R & D team, the output of its products will be sold where? It is understood that at present, China market only more than and 50 regular mobile phone manufacturers (including the international brand mobile phone manufacturers), most of them are homegrown. According to Techfaith had disclosed information shows that its partners include Al Carter, Xia Xin, Lenovo, NEC, Konka company.

Although the visible mobile phone market is not very large, but, as a domestic mobile phone manufacturers Mister said, the Chinese market, the market share of black phones accounted for more than 30%. In Guangdong, black phones in large mobile phone stores open sales. According to statistics, the annual national black mobile phone up billions of dollars in tax revenue.

So many black phones come from? Despite the continued spread of black phones for a full year in 2005, but who did not find the source and path of black phones.

Dexin wireless net profit doubled quarter

In November 16, 2005, Techfaith announced fiscal 2005 third quarter performance report shows that Dickson wireless third quarter net revenues of $23 million 300 thousand, an increase of 93.7%; net profit of $11 million 400 thousand, an increase of 207.9%. The second quarter August 16, 2005 results were: net revenues of $21 million 200 thousand, an increase of $11 million 300 thousand, net profit of $95.6%, an increase of 176.4%.

More noteworthy is that the previously announced, Techfaith announced the 2005 fourth quarter and full year performance in March 20, 2006, and is expected in 2005 annual revenue of $90 million. This projection, the fourth quarter revenue will reach $34 million 660 thousand, an increase of 148.8% compared to the third quarter. According to the third quarter profit margin of 48.9%, the net profit of $16 million 950 thousand in the fourth quarter, while the global mobile phone sales boss NOKIA's profit margin is only $18.9%. Other mobile phone manufacturers do not need to compare, in 2005, in addition to Lenovo Mobile phones, almost all domestic mobile phone manufacturers have announced huge losses.

In contrast, Techfaith's profit becomes heavy.

More information

Mobile phone and mobile phone is Black Genuine split the world"

According to a domestic mobile phone manufacturers in the country, black executives disclosed, mobile phone market share accounted for more than 30%, while in Guangdong, mobile phone and mobile phone genuine black even split the world". All kinds of black mobile phone brand manufacturers to erode the formal market, every year billions of dollars in tax revenue by country.

In this huge black mobile phone market, in addition to repair machine and assembling a machine, a large number of black mobile phone is not detected by MII mobile phone, mobile phone is almost always