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Dragon Fu to Buy Qiao Xing Low-end Handset Subsidiary
PR Newswire, 9/02/09
Chinese fixed-line and mobile phone manufacturer Qiao Xing Universal Telephone (Nasdaq: XING) has signed a letter of intent to sell its mobile phone subsidiary, Qiao Xing Communication Holdings Limited, to Dragon Fu Investment, an independent third-party holding company planning to enter into China's consumer electronics industry. Read More
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