Mobile Communication Speaks Volumes -- Research Report on Orsus Xelent Technologies, Inc. and Qiao Xing Mobile Communication Co
June 08 2011 - 9:00AM
Marketwired
Today, www.EquityMarketsInc.com announced its research report
highlighting Orsus Xelent Technologies, Inc. (AMEX: ORS) and Qiao
Xing Mobile Communication Co (NYSE: QXM). Full content and research
is available at www.EquityMarketsInc.com/research.php.
Growth within technology industry equities has been 28.7% for
the past year, and expectations are looking forward at 7.4% growth
for the industry in 2011. Systems software specifically hosted that
revenues will increase at a mid-single digit rate in 2011,
approximately in line with the overall IT industry. It is
foreseeable that stronger growth is coming from the enterprises, as
companies upgrade their data center infrastructure. Year to date
through May 20, the Systems Software Index declined 2.6%, compared
to a 6.3% rise for the S&P 1500. As a result, this past period
has seen investors turn to communication companies with established
markets at value prices.
Equity Markets has featured Orsus Xelent Technologies, Inc., as
it is engaged in the business of designing and distributing
cellular phones for retail and wholesale distribution. The
Company's cellular phones include features such as 1.8 to 2.8-inch
color super twisted nematic (CSTN) and thin film transistor (TFT)
dual-color displays. ORS shares skyrocketed over 120% after the
China-based cellular phone maker yesterday announced its
first-quarter financial results for the quarter ended March 31,
2011. ORS reported sales of $3.91 million for the quarter ended
March 31, 2011, almost 50% less than the year-ago period's sales of
$7.6 million. The full research report on Orsus Xelent
Technologies, Inc. (AMEX: ORS) is available here:
www.EquityMarketsInc.com/researchfile4634.php.
Equity Markets is covering Qiao Xing Mobile Communication Co.,
Ltd. as a domestic manufacturer of mobile handsets in People's
Republic of China. The Company manufactures and sells mobile
handsets based primarily on the global system for mobile
communications (GSM) global cellular technologies. The Company
operates its business primarily through CEC Telecom Co., Ltd.
(CECT), its 96.6% owned subsidiary in China. The Company's products
have been primarily sold under the CECT brand name. The full
research report on Qiao Xing Mobile Communication Co (NYSE: QXM) is
available here: www.EquityMarketsInc.com/researchfile4891.php.
About Equity Markets Our mission at Equity Markets is to be the
best source of content and research, while educating, enlightening
and informing investors. Equity Markets combines street smart
analysts and professional market researchers to provide investors
with detailed company profiles and market coverage.
Contact: Samuel Littman Email Contact
www.EquityMarketsInc.com
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