There were 154 press releases posted in the last 24 hours and 219,065 in the last 365 days.

Wireless Telecom: SinoHub Receives New HT Mobile Order

December 6, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — SinoHub, Inc. (SIHI – AMEX), a Chinese electronics company, said that it has received its first "smartphone" order from an existing customer, HT Mobile.

The phone was designed utilizing SinoHub's joint design platform, and is based on the Mediatek 6516 chipset and the Android 2.2 operating system. The initial order for 5,000 2.75G handsets is scheduled for shipment in the first quarter of 2011, with follow on orders anticipated.  

SinoHub said that margins are expected to be greater than the VCM margins generated during the first three quarters of 2010, and SinoHub expects smartphones to represent over 20% of total phone revenue during 2011.

HT Mobile is a mobile phone distribution company in Indonesia.

China-based SinoHub provides virtual contract manufacturing, electronic component purchasing and supply chain management services for participants in the electronic components supply chain in China.

=========

Equity research on any public company is available through the Shareholders Research Alliance (go to http://www.investrend.com/synd0004 for more information).  Real-time, streaming research for companies and funds mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate (at http://investrend.stocksmart.com/ss/html/hpcompany.html).  Current valuation analysis research for companies and funds mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate (at http://www.valuengine.com/rep/searchsrep?pid=42&srchfor=).

FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public other companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (at http://www.financialwire.net/news-alerts/).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation from subject entities, companies, equities, or representatives thereof, for its news, opinions or distributions. Further disclosure is posted at the FinancialWire(tm) website (at http://www.financialwire.net/disclosures.php and http://www.financialwire.net/2010/04/23/safe-harbor/). Additional resources for investors are also accessible via the FinancialWire(tm) website (at http://www.financialwire.net/2010/04/23/investor-resources/). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Copyright © MMX, FinancialWire(tm); All rights reserved.

[hlmsmlh] [chnchn] [ndnsndnsndns] [nwdlsldw] [cmmsmda] [tlcmcltl] [prfssnlsrvctsrc] [systmspprtrpys] [ftrdnwswnd] [tchnlgy] [advnctchnlgy]