Shanghai Fortune Techgroup Co., Ltd. engages in the research & development, and production of semiconductor chips for the communications industry. Its business activities include the research and development, production, wholesale and import & export of electronic products, communications equipment, software & components. The firm also provides technical advice related to the field of technology development, technology transfer and technical services. The company was founded by Xiao Gang Lang and Qiong Ge on October 9, 2000 and is headquartered in Shanghai, China.