Rahul Sharma (Editor)

Coolpad Group

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Type
  
Public

Industry
  
Consumer electronics

Key people
  
Jia Yueting (Chairman)

Headquarters
  
China

Number of employees
  
5,000

Subsidiaries
  
QiKU

Traded as
  
SEHK: 2369

Area served
  
Worldwide

Products
  
Smartphones

Founded
  
April 1993

Founders
  
Deying Guo, Guo Deying

Coolpad Group st1bgrinwpcontentuploads201510coolpadlogojpg

Stock price
  
2369 (HKG) HK$ 0.71 -0.02 (-2.74%)3 Mar, 4:00 PM GMT+8 - Disclaimer

Profiles

Coolpad cool s1 first look hands on launch mwc 2017


Coolpad Group Limited is a Chinese telecommunications equipment company headquartered in Shenzhen, Guangdong. It is a large smartphone company in China and the largest Chinese domestic brand by sales outside of China. From January to June 2012, the company had a market share of shipments of 10.4%.

Contents

Coolpad was originally the smartphone brand of Yulong Computer Telecommunication Scientific (Shenzhen) Co., itself a subsidiary of China Wireless Technologies Limited. China Wireless was officially renamed "Coolpad Group Limited" at the end of 2013.

In 2015 Jia Yueting became the second largest shareholder in the company with 17.92% shares (via Leview Mobile HK (Chinese: 樂風移動香港), a subsidiary of Lele Holding; Jia owned 100% stake of Lele Holding) as at 31 December 2015. In August 2016, Lele Holding purchased an additional 10.97% shares from the founder and former largest shareholder Guo Deying (Chinese: 郭德英), making Lele Holding the largest shareholder for 28.83% shares.

In December 2016, Coolpad Group sold 80% stake of Shenzhen Coolpad Mobile Tech (Chinese: 深圳市酷派移动科技), which runs the brand "ivvi", to SuperD. Coolpad Group retained 20% stake in Coolpad Mobile.

Coolpad note 5


Global presence

  • In 2012, Coolpad entered the US mobile phone market with its first 4G LTE smartphone, cooperating with MetroPCS.
  • In 2015, Coolpad was listed on the Forbes Asia TOP 50.
  • In June 2015, Coolpad launched three products in Southeast Asia (Indonesia and Vietnam).
  • In September 2015, Coolpad entered 10 countries in Eastern Europe.
  • Controversies

    On 17 December 2014, Palo Alto Networks announced they had found a backdoor installed on many of their handsets, and dubbed it "CoolReaper".

    References

    Coolpad Group Wikipedia