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Xoceco Back in Black With RMB 52 Mln H1 Profits

Netease Tech, 7/22/09

Television manufacturer Xiamen Overseas Chinese Electronic (Xoceco) (600870.SH) has reported RMB 52.09 mln in net profits for H1 2009, after three consecutive years of losses and a trading suspension. Read More

Xoceco Jan-May 2009 Export Sales Volume Up 65%

China News, 6/04/09

Chinese TV and automobile monitor manufacturer Xiamen Overseas Chinese Electronics (Xoceco) (600870.SH) exported 580,000 color television sets with an estimated total value of USD 130 mln in the first five months of this year, a 65% increase year-on-year. Read More

Mainland to Import USD 4.4 Bln in Taiwanese LCD Panels

Sina Tech, 6/03/09

According to Taiwanese media reports, Bai Weimin, secretary general for the China Video Industry Association (CVIA), recently stated during a flat-screen display industry cooperation forum that a group of 9 top Chinese color TV manufacturers will add an additional USD 2.2 bln in product to current procurements of Taiwanese panels, bringing the total procurement amount to USD 4.4 bln. Read More

5 Domestic TV Makers Form Alliance

China Business News, 4/29/08

The State Council Development Research Center's China Business Evaluation Association has overseen an industry alliance between five major Chinese TV manufacturers - TCL Multimedia (1070.HK), Hisense (600060.SH), Konka (200016.SZ, 000016.SZ), Changhong (600839.SH) and Xoceco (600870.SH). Read More