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Chinese RF startup files for IPO

11/1/2010 04:50 PM EDT
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krisi
User Rank
CEO
re: Chinese RF startup files for IPO
krisi   11/3/2010 3:33:01 PM
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$100M does not sound that excessive considering their sales and profits (P/S about 1, P/E about 10)...but they don't seem to have any novel products...is low cost design enough (I would not call it manufacturing as @chanj just did, they are fabless afterall)...Kris

chanj0
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CEO
re: Chinese RF startup files for IPO
chanj0   11/2/2010 3:52:12 PM
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Although there is no cutting-edge product, RDA can probably manufacturing them with lower cost than other companies. Provided the China market alone is huge, the potential of the company seems high. What would be the capability of Chinese companies, like RDA, impacting the world of electronics?

goafrit
User Rank
Manager
re: Chinese RF startup files for IPO
goafrit   11/1/2010 11:57:24 PM
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This is the Chinese century. I am amassed how good the Chinese engineering has become. They have learnt so quick and doing well. Congrats to RDA.

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