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NQ Mobile Gains Takes 33% Stake in Hesine Technologies

NQ Mobile, 8/16/12

Chinese mobile security provider NQ Mobile (NYSE: NQ) announced today that it has reached an agreement with Taiwanese chipmaker MediaTek (MTK) to acquire a 33% interest in mobile messaging solution provider Hesine Technologies (Hesine), a wholly-owned subsidiary of MediaTek. Read More

NetQin Q2 2011 Profit Up 978% YoY

NetQin, 8/03/11

Chinese mobile security provider NetQin (NYSE: NQ) today announced its unaudited financial results for the second quarter ended June 30, 2011. Read More

NetQin Records Q1 2011 Profit of USD 1.7 Mln

PR Newswire Asia, 6/02/11

Chinese mobile security provider NetQin (NYSE: NQ) today announced its unaudited financial results for the first quarter ended March 31, 2011, with net revenues up 216.7% year-over-year to USD 7.6 mln from USD 2.4 mln in the same period in 2010. Read More

NetQin Raises USD 89 Mln in IPO

PR Newswire Asia, 5/05/11

Chinese mobile security provider NetQin (NYSE: NQ) raised USD 89.13 mln in its first day of trading yesterday, with American Depositary Shares (ADSs) closing at USD 9.3, down 19.1% from an initial IPO price of USD 11.50. Read More

MIIT to Strike at Virus Industry Chain

Sina Tech, 4/01/11

Xiong Sihao, deputy director of the Ministry of Industry and Information Technology's (MIIT) Bureau of Communications Security, said at the third annual Telecommunications Networks and Data Security Forum in Beijing today that the problem of the "black industry chain" in online virus development has worsened since the end of last year. Read More

Rumor: NetQin Falsified 2008 Revenue Figures

21st Century Business Herald, 3/26/11

An industry source has claimed that Chinese mobile security provider NetQin may have falsified revenue figures in either its IPO prospectus or filings with the Beijing Administration for Industry and Commerce, which record 2008 revenue of USD 4 mln and RMB 3.76 mln, respectively. Read More

Rumor: Operators Remove NetQin from App Stores

Communications World Weekly, 3/21/11

In lieu of CCTV's recent television expose, China's Ministry of Industry and Information Technology (MIIT) immediately instructed the three major telecom operators - China Mobile (NYSE: CHL; 0941.HK), China Telecom (NYSE: CHA; 0728.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) - to cease offering mobile security solutions provider NetQin's applications from their download channels, said a source at China Telecom. Read More

NetQin Files for NYSE IPO

SEC, 3/15/11

Chinese mobile security provider NetQin has filed its IPO prospectus to list American Depository Shares (ADSs) on the New York Stock Exchange under the ticker symbol "NQ," with Piper Jaffray serving as lead underwriter. Read More

NetQin: Mobile Viruses Up 195% in 2010

Spforum, 1/28/11

Chinese mobile security provider NetQin's Cloud Security Center recently released its December 2010 Report on Mobile Phone Security. Read More

NetQin Reports 2,357 Handset Viruses in China

Netease Tech, 12/15/10

Chinese mobile security provider NetQin recently released its 2010 Report on Mobile Phone Security in the Mainland China Region. Read More