123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Investing---Finance >> View Article

Equity Research Firm The Woo Group Explores New Asian Smart Phone Producers

By Author: Woo Group
Total Articles: 24

Jul. 11, 2013 - HONG KONG -- Dr. Lian Cheung, Head of Investment Analysis, at Equity researcher The Woo Group has located what he believes to be a huge gap in the smart phone market. At a recent press conference he said,

"While the high end of the smart phone market has been dominated by the likes of Apple and Samsung over the past few years, we believe that no one is producing a mass selling handset for the low end of the market.

There are many consumers in emerging markets, who simply can´t afford to spend $500 on a phone." Dr. Cheung has sent delegates to visit the factories of several low-cost electronic manufactures across China, Thailand, and Taiwan. He believes that a modest handset could be produced for a retail value of $150 off contract which is much less than the current generation of smart phones that retail for upwards of $600. Dr. Cheung is quoted as saying that at their current price point, the phone would be a huge success in enormous markets such as India and China.

Critics of the venture say that their price point is too low, but Mr. Cheung believes that by not using the latest technology, their goal can be reached. He said, "If a dual core CPU is used as opposed to a quad-core CPU our target price should be easily obtainable.

The Woo Group believes that at least one handset targeting the lower end of the market will be in production for the end of the fiscal year and that the handset hits the market for the second quarter of 2014.

C.E.O Mr. Jason Woo said “the smartphone market has seen great momentum in recent years, but still there is much room for growth and investor speculation”.

About The Company

The Woo Group is privately owned and funded by the Woo family here in Hong Kong, we have no shareholders or investors.

The Woo Group was established in 2002 by the founding fathers Jon and Jason Woo, of the Hong Kong Woo family, whose enormous wealth and expertise in the financial industry ensured immediate success, which The Woo Group continues to enjoy today.

In its infancy The Woo Group employed only 15 members of staff, a number that has now grown to over 800 making The Woo Group the largest, not to mention most prestigious equity research house in Hong Kong.

Total Views: 50Word Count: 395See All articles From Author

Investing / Finance Articles

1. Download Algotrade To Enjoy Consistent Profits In Forex Trading
Author: johnsyanol

2. Applying For Guaranteed Loans With A Bad Credit History – What To Expect?
Author: Katherine Felix

3. Why You Should Refinance Your Mortgage Instead Of Getting A New One
Author: Daniel Contreras

4. Retirement Planning Companies In Richmond
Author: Danny McCarty is the author of this article

5. With Trade12: You Can Work With The Trustiest Brokers
Author: Trade12

6. Everything You Ever Wanted To Know About Cfa Level 1
Author: Sushri Panda

7. Your Forex Leverage & How To Manage It
Author: John Arnold

8. What Is A Two Wheeler Loan And How To Apply It?
Author: Neha Sharma

9. What Is A Recurring Deposit Calculator And How To Use It?
Author: Neha Sharma

10. Types Of Life Insurance Policies
Author: Neha Sharma

11. What Are The Basic Types Of Insurance Policies Available To Us?
Author: Neha Sharma

12. Do You Know What A Two Wheeler Loan Emi Calculator Is?
Author: Neha Sharma

13. Three Main Types Of Bank Loans Available In India
Author: Neha Sharma

14. Did You Know These Four Facts About Inactive Savings Bank Accounts?
Author: Neha Sharma

15. All You Need To Know About Personal Loans
Author: Neha Sharma

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: