Second Quarter 2002 Financial Data
                                ZOOM TECHNOLOGIES, INC.
                             Consolidated Balance Sheets
                                    In thousands


                                        JUNE 30,           DEC 31,
                                          2002              2001
                                       (Unaudited)       (Audited)
Assets

Current assets:

  Cash                                  $ 6,131          $ 5,252
  Accounts receivable, net                5,026            5,652
  Inventories, net                        8,345           11,083
  Prepaid expenses and other                634            1,000

          Total current assets           20,136           22,987

Property and equipment, net               3,789            4,129

Other non-current assets                      -            2,069

          Total assets                  $23,925          $29,185

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

  Accounts payable                      $ 2,813          $ 2,750
  Accrued expenses                        1,502            1,880
  Current portion of long-term debt         195              139

          Total current liabilities       4,510            4,769

  Long-term debt                          5,607            5,745
  Other non-current liabilities               -              255

          Total liabilities              10,117           10,769

Stockholders' equity:

  Common stock                           28,245           28,245
  Retained earnings (deficit)           (14,437)          (9,829)


          Total stockholders' equity     13,808           18,416

          Total liabilities &
          stockholders' equity          $23,925          $29,185