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Konka Invests RMB 550 Mln in Handset Subsidiary

Shenzhen Economic Daily, 5/28/12

Zuo Bin, director of operations for Chinese television and consumer electronics manufacturer Konka's (200016.SZ, 000016.SZ) handset manufacturing subsidiary, Shenzhen Konka Telecommunication Technology, revealed yesterday that the company will invest RMB 550 mln to build a new headquarters for operations in Shenzhen's Guangming New District as part of expansions into the handset market. Read More