Consumer China

Spreadtrum - Fledgling chip company sees revenue soar

  • Published 29 Jul 2010

Spreadtrum's first quarter revenues surged 534% to $52.1m, helped by the roll out of 3G in China.

Background:Spreadtrum Communications (SPRD:Nasdaq) is a chip company that designs, develops and markets products for telecoms and mobile television. The company's solutions support a range of communications standards, including China's 3G standard TD-SCDMA. According to BDA China, a consultancy, Spreadtrum holds 60% market share of TD standard fixed-wireless devices - communications devices in a fixed location that use wireless technology to transmit and receive information.

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