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Without the one-time charge associated with the financing, GLNC would have realized a profit of $744,015. Located in Shenzhen, China, GLNC has transformed from a traditional Original Equipment Manufacturer (OEM) company into a operating three different business sectors - OEM, Name Brand Personal HandyPhone Systems (PHS) cellular phones, and digital satellite receivers. In addition, in an effort to maximize on the recent transition in China from analog to digital television, GLNC continues to conduct research and development in digital satellite receivers. |
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