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SHENZHEN, China -- March 19, 2007 -- Comtech Group Inc., reported net income of CNY123,275,000 on CNY1,323,563,000 of net sales for full year 2006, compared with net income of CNY86,842,000 on CNY866,332,000 of revenues for the prior year.
Comtech provides customized module design solutions for a diverse set of applications and end markets, serving as a gateway for our technology component suppliers to access leading electronics manufacturers in China. Comtech derives revenues from applications focused on the mobile handset, telecom equipment and digital media end-markets in China.
Its mobile handset end-market contributed to 39.7% of revenues. Under this segment, Comtech provides module solutions for functionalities such as LCD, camera, power supply and Bluetooth. Comtech's top customers in this segment are Lenovo and ZTE.
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