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Qiao Xing Universal to Wholly Acquire Qiao Xing Mobile
PR Newswire Asia, 9/09/10
Chinese mineral resources company Qiao Xing Universal Resources (Nasdaq: XING) today announced that it has proposed to acquire all outstanding shares of Chinese mobile phone manufacturing subsidiary Qiao Xing Mobile Communication (NYSE: QXM) that it does not currently own. Read More
Qiao Xing Mobile Reports RMB 84 Mln Net Loss in Q3 2009
PR Newswire, 1/27/10
Chinese mobile phone manufacturer Qiao Xing Mobile Communication (NYSE: QXM) has issued its earnings report for Q3 2009, ended September 30, 2009, with revenues reaching RMB 410.7 mln, down 32.44% year-on-year. Read More
CEC Telecom Lays Off Quarter of Employees
21st Century Business Herald, 1/15/10
An employee who recently left Chinese mobile phone manufacturer CEC Telecom (CECT) revealed that starting around last September, the company began undertaking a series of massive layoffs that the ex-employee estimated has downsized more than 100 employees to date. Read More
Dragon Fu to Buy Qiao Xing Low-end Handset Subsidiary
PR Newswire, 9/02/09
Chinese fixed-line and mobile phone manufacturer Qiao Xing Universal Telephone (Nasdaq: XING) has signed a letter of intent to sell its mobile phone subsidiary, Qiao Xing Communication Holdings Limited, to Dragon Fu Investment, an independent third-party holding company planning to enter into China's consumer electronics industry. Read More
Update: Qiao Xing Group Acquires Freescale Division
21st Century Business Herald, 4/28/09
Wu Zhiyang, CEO of Chinese mobile handset vendor CEC Telecom (CECT), a subsidiary of Qiao Xing Mobile Communication (NYSE: QXM), has confirmed that Qiao Xing's de facto parent, Qiao Xing Group, is in negotiations for the acquisition of the mobile chipset business of Freescale Semiconductor. Read More
Qiao Xing Mobile Q2 Revenues Down 54%
Qiao Xing Mobile Press Release, 9/12/08
Chinese mobile handset vendor Qiao Xing Mobile Communication (NYSE: QXM), which operates primarily through subsidiary CEC Telecom ("CECT"), today announced its unaudited second quarter operating results for the three months ended June 30, 2008. Read More
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