Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Green Pine Invests RMB 20 Mln in LeWa

Netease Tech, 6/28/11

Zhang Chunhui, investment director of Green Pine Capital Partners, said in a recent interview that the company had invested RMB 20 mln in Android developer LeWa Tek. LeWa develops localized Android systems primarily for sub-RMB 1,000 Android handsets.

Green Pine had previously invested in other mobile internet companies, investing RMB 20 mln in Shanghai-based mobile game developer Soco Soft in November 2009, and later taking part in a joint investment of RMB 35 mln in Shenzhen-based WVAS developer Montnets Technology with Tiantu Capital.

LeWa Tek was established in April of this year and has not yet released any products. Founder Clinton Zhao has revealed that LeWa began work on its first operating system, Home 1.0, last November, and expects to release it next month. The first version, developed for Qualcomm 7-series and MediaTek (MTK) 6-series chips, will be provided to third-party design houses for further development and customization for specific handsets. LeWa will derive revenues from the product by providing after-sales services to the design houses. According to Zhao, the first version of Home 1.0 will incorporate a number of popular social features, including SNS and microblogging modules.

While LeWa is headquartered in Shanghai, its key development team is based in Shenzhen. The majority of the team members had previously worked at design houses and manufacturers involved in producing "shanzhai" grey-market handsets.

Keywords: mobile application LeWa low-cost phone Clinton Zhao funding Zhang Chunhui wireless Android SNS Green Pine mobile Internet mobile OS


Please note, all fields are required.
None of your personal information will be shared with third parties.



The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports