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CONCENTRATION DISCLOSURE - Note 25
6 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
CONCENTRATION DISCLOSURE - Note 25

NOTE 25 - CONCENTRATION DISCLOSURE

(a) During the reporting periods, the customers accounting for 10% or more of the Company's consolidated sales were:

Six months ended June 30, 2012   Sales Revenue   % to Total Sales
         
TCB Group Electronic & Science Co. Ltd - related party   $ 29,728,814   16%
Tianjin Optical & Electronic Co. Ltd.     22,405,547   12%
           
Total   $ 52,134,361   28%

 

Six months ended June 30, 2011   Sales Revenue   % to Total Sales
           
Tianjin Optical Communication Technology Co., Ltd.   $ 20,137,058   17%
Tianjin 712 Communications and Broadcasting Ltd. - related party     15,757,425   13%
TCB Group Electronic & Science Co., Ltd. - related party     12,541,921   11%
Larson Limited     14,705,795   13%
           
Total   $ 63,142,199   54%

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(b) During the reporting periods, the suppliers accounting for 10% or more of the Company's consolidated purchases are:

 

Six months ended June 30, 2012   Total Purchases   % to Total
Purchases
         
Leimone (Tianjin) Industrial Co., Ltd. - related party     72,137,320   37%
TMO     22,770,516   12%
           
Total   $ 94,907,836   49%

 

Six months ended June 30, 2011   Total Purchases   % to Total
Purchases
         
Leimone (Tianjin) Industrial Co., Ltd. - related party   $ 23,684,030   22%
Tianjin 712 Communication and Broadcasting Co., Ltd. - related party     15,523,282   14%
           
Total   $ 39,207,312   36%