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: 73Word Count: 395See All articles From Author

Investing / Finance Articles

1. How Long Does It Take To Process An Invoice In Factoring Financing?
Author: Stephen Perl

2. Three Reasons That Indicate This Is Right Time To Invest Your Money In Stock Market?
Author: Anshul

3. The Importance Of A Vat Consultant Cannot Be Understated In Uae
Author: sandeepsharma

4. Secret Of Becoming Billionaire With The Practice Of Stock Trading
Author: Robin

5. Know How Market Indicators In Technical Analysis Impact Your Profitability
Author: Vijay Mathur

6. Free Stock Cash Tips Will Help You Create A Niche For You In This Fiscal Market
Author: Riyanshi Tanwar

7. Net Banking Apps You Need To Download Today
Author: Neha Sharma

8. Internet Banking: Why You Need Ebanking Apps Today
Author: Neha Sharma

9. Reasons Why Imps Transfer Makes A Good Option For Emergency Fund Transfers
Author: Neha Sharma

10. Why Travel Currency Cards Are The New Travel Currency
Author: Neha Sharma

11. How Can You Take Advantage Of The Nro Account
Author: Neha Sharma

12. What Are The Changes In Fd Interest Rates After The Budget 2018
Author: Neha Sharma

13. Know Your Nre Account: 7 Top Features That Are A Must Know
Author: Neha Sharma

14. Loans: A Financial Necessity In Today’s Time
Author: Neha Sharma

15. What Are The Features Of Upi Payment You Should Be Aware Of?
Author: Neha Sharma

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