HTC Invests USD 2.5 Mln in NetQin
Southern Metropolitan News, 11/15/10
Taiwanese mobile handset manufacturer HTC (2498.TW) has revealed new investments in mainland China, including a USD 2.5 mln strategic investment in mobile security provider NetQin Technology. HTC emphasized its longstanding interest in mobile networking investment. Despite NetQin's nearly RMB 17 mln in losses last year, HTC expressed confidence in the company's ability to turn a profit this year, which would make it one of the few profitable companies in the mobile security sector.
Keywords: handset investment security wireless NetQin HTC 2498.TW handset vendor cross-straits investment
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