Qiao Xing Universal Telephone, Inc. announced that its subsidiary, Cosun-Celbon Communication Technology Co., Ltd has secured purchase orders to sell 2,000,000 units of GSM mobile phones and that Cosun-Celbon is forming a new joint venture specializing in R&D and sales of GSM mobile phones.
Cosun-Celbon, whose CEO and CTO is Dr. Bang from USA based Celbon Research Institute, is a joint venture co-established mainly by Qiao Xing Universal and Celbon of Korea and specializing in R&D, production and sales of GSM core chips.