Made life difficult for the three major mobile phone giants have suffered financial crisis

Last weekend, the former national phone giant ST Kejian (000 035) released 2007 annual report, the companys main business last year, mobile phones and MPC506AU datasheet and related equipment manufacturing income of only 378,300 yuan, up 98.51% dropped significantly. A few days ago, while shares of a domestic phone giant Bird (600 130) released 2007 annual report, 593 million net loss in 2007, and MPC506AU price and Amoi Electronics (600,057) had also notice a loss in 2007. Since then, the former Big Three domestic mobile phone were encountered severe financial crisis. Mobile phone giant cut

Kejian shares

annual results for 2007 show that in 2007 operating income of 10.57 million yuan, of which achieve the main mobile phone operating profit 31,100 yuan, down 99.06%, but net profit was 1.18 billion yuan, up 291.67 %. This reporter has learned, ST Kejian main business phone is basically in shutdown state, the performance is due to substantial growth Kejian holds 35% stake in Shenzhen Samsung Kejian Mobile Communications Technology Co., Ltd. to further expand production capacity and MPC506AU suppliers and operational performance over the previous of a significant increase in investment income to a substantial increase accordingly. In addition, the Qingdao Olympic Electric Appliances Co., Ltd. v. Office of Bridge, Jiangsu Communication Products Sales Co., Ltd. Lily trade dispute case, as Kejian Corporation assume no warranty, expected reversal of accrued liabilities.

Made life difficult for mobile phones ST Kejian

addition, the country also shares a cell phone manufacturer Bird had released 2007 annual report, 2007, the sales income of 4,568,693,100 yuan, down 33.11%, operating profit loss of 604,360,400 yuan, down 2,667.95 percent, net loss of 593,640,200 yuan, down 1,865.35 percent. The reason for the loss, Bird said in the announcement shares in 2007, due to strong growth in a small number of international brands, domestic "black mobile phone" overrun resulted in intensified competition in the mobile phone market, has brought to the companys business is extremely difficult and pressure.

Amoi notice of the previous results shows that even the fourth quarter of 2007 compared with the previous three quarters, operating conditions will be greatly improved, but not enough to make up for the first three quarters of losses incurred. Therefore, the expected net profit for 2007 accumulated losses. Cool

domestic mobile phone makers mobile phone brand director Liu Dongkai Assistant to the President, told reporters that the main problem facing the domestic mobile phone core technology is not only the fight to the low price mobile phone price, and "wearing" a beautiful coat to attract consumers persons, but because of poor product quality, a direct consequence of selling more and more are also recovered, in a brutal price war and the enormous pressure of high inventories, domestic mobile phone have "fallen."

Own R & D break a new path

Warring Yang Qun, chief analyst, said in the old-made mobile phones have faced difficult times and take the path of the domestic mobile phone own R & D Cool new army, ZTE, Huawei is there another kind of momentum. It is understood that ZTEs CDMA handset market share in India has risen to nearly 30%.

The Big Three domestic mobile phone financial performance in 2007 Company Name Stock Code

Net income (million)

ST Kejian 000035 11798.27

Bird shares 600130 -59364.02

Amoi Electronics 600057 -46195.77 (three quarterly)