ST Wave Guide net profit 42.2592 million yuan, year-on-year increase 168.88%

NetEase Financial February 25 St-Wave guide 25th Evening Release 2010 Annual Report, 2010 net profit of 42.2592 million yuan, a large increase of 168.88%.　　2010 St Wave guide Revenue 1.034 billion yuan, 10.34% year-on-year reduction, net profit of 42.2592 million yuan, a large increase of 168.88%, the basic earnings per share 0.06 yuan, a large increase of 200%. St Waveguide said that the reason for the sharp increase in profits, because through the transformation, has been from a brand of mobile phone design manufacturers, to mobile phones and mobile phone accessories for the design of production and sales of the main business enterprises.　　The company mainly relies on its own research and development, design capacity to improve the motherboard program value added to meet the needs of the machine export enterprises. In recent years, with the increase in domestic mobile phone penetration and the trend of intelligent mobile phones, low-end mobile phones in the domestic sales are declining, while Africa, South Asia, India and Bangladesh, as well as some South American countries, mobile phone sales growth quickly, the absolute volume is growing, because the international mobile phone giants are not concerned　　Leading to the above emerging market share of other brands in the mobile market, low-end mobile phone demand is strong, ST waveguide transformation to mobile phone and mobile phone accessories design and production and sales as the main business model is to adapt to this trend. Previous reports said, "The rebirth of the Wave Guide, in fact, is to give up the brand of mobile phones, and transformation for the mobile phone generation factory." "A person familiar with St waveguide business, said that the revival of the main wave guide is, in the management of the full combination of Shenzhen mobile phone factory spirit, in the business model to learn from the cottage approach.　　At present, there are only 100 people left in Ningbo office, which is mainly responsible for research and development, and the operation Center moved to Shenzhen Che Kung Temple industrial Park more than a year ago. ST waveguide 25th high Open after concussion lower, closed down 1.06%, reported to 4.65 Yuan.