Wafer Systems Ltd. is the leading provider of solutions and services enabling the fully converged Next Generation Network (NGN) to enterprises and services providers in Hong Kong and the Mainland China. Restructured in 1998 from a telecommunications group with over 10 years successful business history, Wafer Systems was listed on the Hong Kong Stock Exchange in May 2002. Headquartered in Hong Kong, Wafer Systems Ltd. has set up 5 branches and representative offices in the Mainland China, including Beijing, Shanghai , Chengdu , Guangzhou and Xian Its business service networks cover the Northern China, Eastern China, Western China, Southern China and Central China region. As a leading solutions and services provider of Next Generation Network (NGN), Wafer Systems Ltd. is able to provide fully converged network solutions to its great customer pool, including two prestige client groups, namely telecom carriers and multinational companies.

The management team of the company composes of talented and well-experienced IT and network professionals. 70% plus technological engineers in the company have senior IT certifications and rich experiences in large project implementation. As long-term partner of many world-known telecom service providers, such as Infonet, NTT, Motorola, and KDDI, Wafer Systems Ltd. has participated implementation of various large-scale telecommunication infrastructure construction projects, including China Unicom CDMA 1X network which covers 8 provinces and municipalities in China, the GPRS network of China Mobile, the 1st and 2nd phase expansion of CN2 of China Telecom, the expansion of IPPOP node in HK of China Netcom, the 1st and 2nd phase Metropolitan Area Network of China Unicom Sichuan Branch, and the DCN network expansion of China Telecom Jiangsu Branch, etc.

Wafer Systems Ltd. has engaged in solid business alliances with many industrial leaders, such as CISCO, NOKIA, EMC, Riverbed, Tandberg, NetScout, NAI, Check Point, RAD, Sybase and SUN etc. Many large size multinationals and industrial customers have become clients of the company, including multinationals based in Hong Kong and China , local companies, governmental customers, and educational customers. Around 300 of Fortune 500 companies also enjoy Wafer services (e.g. SONY, PHILIPS, SAMSUNG, NEC, COCACOLA, AVON, Amway, Honda and TOYOTA etc.).

In July 2000, Wafer Software Research and DevelopmentCenter was established in Xi'an , capital city of the northwestern China 's ShanxiProvince . Since then, the software R&D center has dedicated to development of NGN-based IP platform application software for new service provider. From 2000 to 2001, Wafer's new generation IP billing system had been widely applied by many telecom carriers home and abroad. Meanwhile, Wafer Systems Ltd. started close cooperation with Cisco Systems Inc. in NGN application. In 2002, Wafer Systems took part in the implementation of Sichuan Unicom Data-Voice Comprehensive Commercial Network i.e. China Unicom Sichuan Branch first NGN commercial network,. Since 2003, Wafer Systems Ltd. has formally become Service Provider Solution Partner of Cisco Systems Inc. in the area of IP voice application, IP billing, and OSS solutions.

With its well-experienced and broad-viewed management team, clearly-defined business positioning and development strategy, research and development strength, and supports from business partners and alliances world-wide, Wafer Systems Ltd. has successfully shifted from a traditional system integrator into a business solution and professional service provider. Wafer is dedicated to provide the state-of-the-art business solutions, services, and application software to telecom carriers and corporate customers. Furthermore, the company is proactive in developing next generation networks (NGN). Wafer's goal is to integrate its commercial network development experiences, technological strength, and in-depth understanding of customer requirements to cooperate with telecom carriers in building NGN, developing new value-added business, promoting new businesses, and becoming one of the key players in NGN business.