Beijing, China, Dec. 24 -- Comtech Group, Inc.(Nasdaq: COGO - News), a leading provider of customized design solutions for the technology manufacturing sector in China, announced today that the company has won a new contracts with Key CMMB Chip and Solution Provider INNOFIDEI to distribute at least 5 million chips in the coming 2008.
Innofidei is the leading chipset and solution provider in CMMB mobile TV industry in China. With total Chinese IPR, CMMB has been announced to be the industry standard by SARFT. In the coming 2008, people can enjoy Beijing Olympic Games in mobile phone, PMP and other portable handsets based on CMMB technology. According to the contracts, Comtech will distribute all kinds of INNOFIDEI products, including its first CMMB demodulating chip IF101.
Dr. Zhanghui, the CEO of INNOFIDEI said that the cooperation with Comtech will surely promote CMMB industrialization due to the strong sales and service network of Comtech, which will distribute to 2008 Beijing Olympic Games.
Comtech said that stronger-than-expected mobile TV market demand in China will secure business growth outlook in 2008. The both parties of the cooperation will be benefited in this whole new industry.
About Comtech Group, Inc.: Comtech is a leading provider of customized module and subsystem design solutions for the Chinese market. The company believes it acts as a proxy to China's technology industry as it works with virtually all the major ODMs and OEMs in China. Comtech utilizes these relationships and combines their IP to create designs that Comtech then sells to electronic manufacturers. These designs allow manufacturers to reduce their time to market for new products and ultimately increase sales. Comtech Group focuses on the mobile handset, telecom equipment and digital media end-markets for their customized design modules while also offering business and engineering services to their large telecom equipment vendor customers. Over the last eleven years, Comtech has grown its customer list to include more than 200 of the largest and most well known manufacturers across the mobile handset, telecom equipment and consumer markets, covering both multinational Chinese subsidiaries and Chinese domestic companies. For more information, visit http://www.comtech.com.cn. |