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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • CMGE Partners With CHWTF.PK And One Other Chinese Handset Maker 0 comments
    Mar 26, 2013 6:00 AM | about stocks: CMGE, CHWTF

     

    Prepared by ChinaScope Financial | Source: Imeigu
    • China Mobile Games & Entertainment Group Ltd. (CMGE: NASDAQ) (the company) announced on March 25 that it has signed strategic partnership agreements with China Wireless Technologies Ltd. (02369: HKG) and with Beijing Tianyu Communication Equipment Co., Ltd.(Tianyu) to pre-install customized versions of the company's game center application on smartphones produced by the two handset makers.
    • According to the agreement, the company willpre-install customized game center application on China Wireless Technologies' proprietary Coolpad smartphones in 2013. Under a separate agreement with Tianyu, the company will pre-install customized versions of its game center application on Tianyu's proprietary K-Touch smartphones. The customized game center application will be the only official game center pre-installed on the smartphones manufactured by the partners. The game center application links its users to the games developed or operated by the company.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: CMGE, CHWTF
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