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Significant Concentrations
 9 Months Ended
Jun. 30, 2014
Significant Concentrations [Text Block]

18. Significant Concentrations

(a) Customers and Credit Concentrations

The Company had three and one customers that individually comprised 10% or more of net revenue from continuing operations for the three months ended June 30, 2013 and 2014, respectively, as follows:

 

   Three months ended June 30,  

 

   2013     2014  

Jiangsu Huatiantong Technology Limited.

 $ 5,108,146     11.20%   $  *     *  

Beijing Beny Wave Co., Ltd

   5,476,526     12.00%     *     *  

Dongguan Yulong Telecom Technology Co., Ltd.

 $ 4,752,907     10.42%   $ 6,657,646     13.87%  

*Comprised less than 10% of net revenue from continuing operations for the respective periods.

The Company had one customer that individually comprised 10% or more of net revenue from continuing operations for the nine months ended June 30, 2013 and 2014 as follows:

 

   Nine months ended June 30,  

 

   2013     2014  

Tinno Mobile Technology Company Limited.

   *     *     13,278,638     10.88%  

Dongguan Yulong Telecom Technology Co., Ltd.

   17,395,085     11.34%     *     *  

*Comprised less than 10% of net revenue from continuing operations for the respective periods.

As of June 30, 2014, there was no customer that individually comprised 10% or more of accounts receivable.

(b) Credit Risk

Financial instruments that potentially subject the Company to a significant concentration of credit risk consist primarily of cash and cash equivalents and pledged deposits. As of September 30, 2013 and June 30, 2014, substantially all of the Company’s cash and cash equivalents and pledged deposits were held by major financial institutions located in the PRC, which management believes are of high credit quality.