Reading Time: < 1 minute TDMA, or TD-SCDMA, is a Chinese domestic 3G standard (Wikipedia). China was not behind the west in terms of 2.5 GSM network and applications in recently years. Actually the development of mobile phones are so successful, the total users of China mobile phones users already exceeded half a billion (source: digitimes). China Mobile (NYSE: CHL),
Reading Time: 2 minutes We all know GM is in trouble financially. Its stock (NYSE:GM) is around $6, a 50 years low. A lot pundits made fun of GM and its stock on TV or the web space. But I have a different feeling for GM. Among many reasons, I think of two: 1) In graduate school I worked
Reading Time: 2 minutes I felt lucky I did sell some Spreadtrum (Nasdaq:SPRD) shares a short while ago when it exceeded $6 (a quick pop). But I don’t know why I bought some back couple days ago at $4.48. I did not bet on earning these days, but this one had dropped quite a bit from the pop, and
Reading Time: 3 minutes (Update May 26 11:35PM) Just found the Google finance has the wrong EPS and PE ((EPS 2.62, PE 29.92) for CHL. Yahoo finance has the right number for CHL: ttm EPS $3.08, PE 25.44 as of Friday May 23. Market sentiment GS downgrade (Bloomberg): the ladies at Goldman Sachs cut the rating of 0941 (China
Reading Time: < 1 minute Two important news about China wireless arena yesterday. 1) China Mobile finally started the long awaited trial of TD-SCDMA 3G network (read Chinese news story 1 , and 2 from XinhuaNet). Some features of 3G include the video conference/phone, TV program, etc. 2) The new (lower) roaming fees takes effect. I think 2) may have
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