If you're at all interested in the Chinese smartphone market, you need to know Spreadtrum Communications
Spreadtrum is the far-and-away market leader in radio chips for the TD-SCDMA wireless standard. TD-SCDMA is the 3G technology used by local market leader China Mobile
That telecom titan has more than 43 million 3G subscribers today, ahead of rivals China Unicom
To put these numbers into perspective, Verizon
Sales in the third quarter nearly doubled year over year to $185 million. Non-GAAP earnings also gained 93% to land at $0.83 per American depositary share. The company is buying back shares at a furious pace and plans to double the dividend payout in the coming quarter. That's the kind of financial freedom you get from having such a dominant market position in an exploding sector.
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