Spreadtrum and Zoom Technologies Partner to Pursue Manufacturing and Operator Business for Overseas Markets

By Eddie Staley
Benzinga Staff Writer
October 26, 2011 8:32 AM

Symbols: SPRD, ZOOM

Zoom Technologies, Inc. (Nasdaq: ZOOM) today announces that Spreadtrum Communications, Inc. (Nasdaq: SPRD) has partnered with Zoom Technologies to pursue new business opportunities in overseas markets. In tandem, Spreadtrum has purchased an 8.3% stake in Zoom Technologies.

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Spreadtrum and Zoom Technologies Partner to Pursue Manufacturing and Operator Business for Overseas Markets

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