ADVANCE TO SUPPLIERS - Note 7

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

ADVANCE TO SUPPLIERS - Note 7

NOTE 7 — ADVANCE TO SUPPLIERS

As of June 30, 2012 and December 31, 2011, the Company's advance to suppliers consisted of the following:

	June 30, 2012		December 31, 2011
	(Unaudited)		(Audited)
Yuechangrui	$	-	$	7,399,939
Media Tak Inc.		124,490		-
Shenzhen Sangfei Entertainment Communication Co., Ltd.		103,018		-
Dongguan Yaxin Semi-conductor Co., Ltd.		660,612		-
Shenzhen Bolixin Technology Co., Ltd.		219,244		-
Shenzhen Zhuoershi Electronic Technology Co., Ltd.		189,053
Shenzhen Tongxincheng Photoelectric Co., Ltd.		119,553
Shenzhen Chuangjie Supply Chain Co., Ltd.		175,237		-
Jiangxi TongGuJiangQian		-		478,000
Foshan Import and Export		-		129,384
Dewav Technology		-		877,650
Qualcomm		128,318		101,181
Konka		62,294		79,852
Other - multiple vendors of various amounts		514,593		644,401
Total advance to suppliers	$	2,296,412	$	9,834,017