Global-Tech Advanced Innovation (NASDAQ: GAI) is on The StockGuru Leader Board today. The stock closed up 23.76% on Tuesday.
Volume was 12,432 shares traded.
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About the Company:
Global-Tech Advanced Innovations Inc., an investment holding company, manufactures and sells consumer electrical products primarily in North America, Asia, Europe, and Australia. The company operates in four segments: Home Appliances, Electronic Components, Electronic Manufacturing Services, and Others. The Home Appliances segment manufactures floor care products, including hand-held steam vacuum cleaners, upright vacuum cleaners, and extractors; and kitchen appliances, such as blenders, bread makers, coffeemakers, electric knives, espresso machines, food choppers, food processors, food steamers, ice cream makers, and indoor grills. The Electronic Components segment produces complementary metal oxide semiconductor camera modules (CCMs) for cellular phone manufacturers. The Electronic Manufacturing Services segment consists of surface mount technology processing of printed circuit boards and assembly services for cellular phone marketers; and cell phone assembly. The Others segment provides home security devices and services. The company was formerly known as Global-Tech Appliances Inc. and changed its name to Global-Tech Advanced Innovations Inc. in December 2008. Global-Tech Advanced Innovations Inc. was founded in 1963 and is based in Aberdeen, Hong Kong.
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