Have found a couple of interesting pieces of information. See links below. Cao still talking company up December last year according to this article. The second article from May 2009 mentions investment of 300 million AUD. Could that be the ZTE joint venture ?? I have no idea where this company is going. Where do they get dollars for investment from ?
According to Cao, the US$3.5 billion telecommunications component grew by15-20% in 2004. This year Arasor expects to reach a turnover of around US$120 million, and within the next two years US$300-400 million. “We can further utilize our Nansha plant for another 20% and already we’ve begun to relocate part of our chip fab capacity from Yokohama to here. The growth prospects for our customers like ZTE and Huawei is huge internationally, and this has in turn fueled our own growth.”
