St waveguide: Be a coward

Sina tip: This article belongs to the Research Report column, only for the analysis of a stock of personal views and views, and the unofficial news report, Sina does not guarantee its authenticity and objectivity, all relevant to the stock of effective information to the Shanghai and Shenzhen Stock Exchange of the announcement as prevail, please investors pay attention to risk. Investor newspaper (reporter Liu Xiuli) April 28, "mobile phone fighter" advertising language well-known original domestic mobile phone boss-Ningbo Wave Guide Co., Ltd. (600130.SH) in the case of two consecutive years of loss, wearing St hat.　　The same fate as St waveguide has been the suspension of trading of St Amoi (600057.SH). Nokia and other international brands, under the "Cottage Machine" on top, in the case of the double fire baked, it is difficult to live, it is more difficult.　　The former domestic mobile phone boss, like a broken wing of the "fighter", and then to climb from the abyss difficult. But external causes are not all. Even in the face of new opportunities for 3G, St Waveguide is also a step-by-step retreat, unintentional tired.　　In the past, "fighter" is the phone's "fools".　　According to St waveguide insiders, the company is shrinking mobile phone business, but the current main is still mobile phone business, "also doing 3G mobile phones, but the amount is relatively small", the temporary impact on the company's performance is very small. Unlike other 3G manufacturers at full Throttle, the 2009-year St waveguide strategy is to shrink the front.　　Waveguide insiders revealed that the 2009 company plans to significantly reduce research and development costs, channels around the branch to achieve a comprehensive agent system as well as the development of OEM market often every year the new mobile phone will also be from the current annual 30~40 model reduced to the next year 10~20 model. The change of channel policy is to shut down the original branch responsible for the channel, sales business to the agent company accordingly. According to the people said, this is to avoid "the more mobile phones sold, the more the loss of" the strange elephant.　　Because the sales of waveguide mobile phone is always looking at the channel business face, and expensive channel costs to make the wave guide mobile phone life difficult. At present, St waveguide has completed the Jilin Waveguide Communications Equipment Co., Ltd., the vast majority of subsidiaries of the industrial and commercial cancellation of registration procedures, the company insiders to the "investor", said, "the closure of sales subsidiaries around the work, has basically ended."　　"Only a few subsidiaries have not completed clean-up or liquidation work." However, according to the Wave Guide shares in the first quarter of this year's earnings, St-wave Guide income of 215 million yuan, net profit loss still amounted to 16.76 million yuan.　　Company chairman Mr. Xu Lihua said in the report, the company will also be based on mobile communications industry in the next period of time, in 2009 the company will further reduce the scale of operations, efforts to reduce losses, while strengthening cooperation with operators, through the OEM to increase overseas market development efforts, and actively seek new profit growth points. Speaking with the fate of 3G, St waveguide is a domestic mobile phone in the monopoly. Company for CDMA2000, WCDMA, TDSCDMA-3G technology has been tracking research, but also is one of the TDSCDMA Industry Alliance, has a certain technicalThe operation reserve, only compared with ZTE and Huawei, the technical research ability is still too weak.　　Now that the 3G is officially launched, the company will bring some new market opportunities, but the impact is limited. According to the February forecast of the Ministry of Business, with the maturity of 3G technology and commercial, mobile phone intelligent, network and value-added service level, it is expected that 3G users in China will show rapid growth in the second half of 2009, which will also lead to a significant increase in 3G handset sales.　　For long-term tracking research equipment vendors, this is the most "intimate" prediction, and for St waveguide, this aspect of the good may be reflected in the performance of the second half. Earlier, there was news that China Unicom has customized 45 models of WCDMA handsets. Among them, domestic handset manufacturer Terminal Quantity occupies the absolute superiority. Waveguide, Lenovo and other 9 domestic handset manufacturers have a 3G mobile phone was selected, Haier and other two manufacturers have two products shortlisted.　　But the waveguide is clearly unable to compare with ZTE and Huawei, two companies have 6 and 7 3G mobile phones to become China Unicom on May 17, the WCDMA mobile phone listing. This also let analysts doubt, St waveguide, also can borrow how many 3G Dongfeng?