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2007-8-21 11:16:00 a.m. HKT, XFNA
Prosten sees search business getting big boost from China 3G launch - report
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BEIJING (XFN-ASIA) - Prosten Technology Holdings said demand for its
business will be boosted by the introduction of third-generation phone
networks in China, expected sometime next year, the South China Morning Post
reported, citing chairman company Dennis Yip Heon Wai.
Prosten's search technology helps mobile-phone users search for music to
download to handsets.
""The wider the telecommunication bandwidth, the greater the demand for
music search activity among handset users,"" the Hong Kong newspaper cited Yip
as saying.
""The mobile music search industry in China will grow very rapidly in
coming years, following successful market growth in Japan and South Korea,""
he added.
Hong Kong-based Prosten is looking to the 3G network, which allows faster
downloads of songs, video and other data, to help consolidate its recent
strong earnings.
andrew.pasek@xinhuafinance.com
ap/kmq
xfnap/xfnkm
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