QUOTE AND NEWS
Forbes  Jul 9  Comment 
Hong Kong controversial film, "Ten Years," winner of the Best Film in 2016 Hong Kong Film Awards, premiered in America on New York Asian Film Festival. FORBES ASIA conducted a sit-down interview with the five directors and the executive producer...
The Economic Times  Jan 26  Comment 
Crude futures extended falls to retest $30 a barrel on fresh concerns over a supply glut from top producer Saudi Arabia and Iraq.
The Economic Times  Jan 11  Comment 
Most emerging Asian currencies extended losses on Monday despite China's stronger guidance on the yuan as the outlook for the renminbi remained weak amid uncertainties over Beijing's exchange rate policy on a slowing economy.
The Economic Times  Dec 10  Comment 
The yuan dropped 0.2 percent to 6.4411 per dollar, its weakest showing since Aug 13.
The Economic Times  Dec 9  Comment 
Most emerging Asian currencies eased on Wednesday as a rebound in oil prices failed to ease concerns.
The Economic Times  Nov 12  Comment 
Currency investors ignored Thursday's central bank decision to leave interest rates steady as it was widely expected.
The Straits Times  May 7  Comment 
May 08, 2015 1:54 AM ASIA is still the world's fastest- growing region but its long-term growth potential is slowing, the International Monetary Fund (IMF) said yesterday.
The Straits Times  May 2  Comment 
May 02, 2015 12:59 AM ASIA is not likely to see a repeat of the "taper tantrum" market volatility of 2013 when the US Federal Reserve starts to raise interest rates because economies here are now better prepared.
The Economic Times  Jan 6  Comment 
As crude oil hit 5-1/2-year lows, causing equity markets to drop, and the euro dropped to a 9-year low, the safe-haven Japanese yen rallied.
Forbes  Dec 4  Comment 
Chinese entrepreneur’s Xiaomi disrupts the global market with affordable smartphones




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AsiaInfo Holdings, Inc. provides telecommunications software solutions, and information technology (IT) security products and services for telecommunications service providers, as well as to other major enterprises in China. The Beijing-based firm is the nation's leader in telecom billing systems and business intelligence software, which helps firms find small pieces of data that help improve marketing and pricing.

Business Segments

ASIA has two separate business segments:

1. AsiaInfo Technologies

This division offers traditional telecom software and solutions to telecommunication carriers. The division is broken into three primary categories which include Business Operation Support Systems, Service Application Systems, and Network Infrastructure Solutions. If all of that sounds like alphabet soup from the '90's, you can boil it down simply by saying that ASIA partners with carriers to help with processes like efficiency, connectivity, billing, and customer care.

2. Lenovo-AsiaInfo

The Lenovo division could actually be compared with Mcafee Inc. (MFE) or Symantec Corp (SYMC). With expertise in IT security, antivirus and other network protection technologies, Lenovo has built a reputation for security. Landing contracts with the Chinese government is certainly a ringing endorsement of the divisions skill in protecting customers.

The Chinese software provider is benefiting from the explosion of communication technology in China, the world's largest mobile market. Moreover, there is still immense untapped potential in the country as a rapidly growing population will require a huge amount of phones to satisfy its needs. According to research firm Research and Markets, total mobile subscribers in China will likely increase from 706.7 million in 2009 to one billion in 2014. China's telecoms will aggressively spend on technology to capture share in the lucrative market for mobile data services. For example, China Mobile plans to spend $55 billion for infrastructure upgrades from 2009 to 2011. China Mobile and its two rivals, China Unicom and China Telecom, spent $21 billion building out third generation (3G) mobile networks last year, following the long-awaited but much-delayed awarding of 3G licenses.

Meanwhile, China's telecom-software spending is expected to grow 15% a year through 2012. Expansion into the IT-security market is a safe diversification as government agencies drive growth.

Last year, AsiaInfo Holdings Inc. agreed to acquire Linkage Technologies International Holdings Ltd., a rival provider of telecommunications-industry software, in a cash-and-stock deal valued at $733 million. The deal is expected help AsiaInfo make inroads with China Telecom Corp., the country's second-largest telecom provider by users, after China Mobile Ltd. "We have very complementary customer bases. AsiaInfo's traditional strength is with China Mobile, and Linkage's traditional strength is with China Telecom," he said. After the merger, the combined company will become the world's second largest telecom software provider only next to Convergys.

Looking at the most recent quarter, fourth-quarter profit multiplied sixfold to $14 million, or 29 cents a share, while revenue climbed 42% to $76 million. The operating margin widened from 15% to 19%. Gross margin for the quarter was 57.7%, compared to 53.5% in the year-ago period and 54.6% in the previous quarter. The year-over-year and sequential increases in gross margin were primarily due to a strong contribution from higher-margin software solutions and services. AsiaInfo holds $285 million of cash, equating to a quick ratio of 2.1, and no debt.

This article is about the company with ticker symbol ASIA. For information about the continent of Asia, see our country specific pages, including Investing in China, Investing in Japan, and Investing in Russia.




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