YOTA DEVICES SELECTS SINGAPORE Hi-P AS ODM PARTNER
YotaPhone to be Ready for Market in H2 2013
Moscow, Russia and Singapore, 20 February 2013 – Yota Devices today announced it has selected Singapore Hi-P as its ODM partner of YotaPhone, the first dual-screen Android phone with a liquid crystal display on one side and an electronic paper display on the other.
Hi-P is one of the fast growing Tier-1 contract manufacturers in Asia, specializing in wireless telecommunications and consumer electronics. Their clients include significant brand owners in the mobile, lifestyle and consumer electronic industries.
“Bringing a unique product like the YotaPhone to the market requires an experienced manufacturing partner with both qualitative and quantitative engineering skills and Hi-P excels in both,” said Vlad Martynov, CEO, Yota Devices. “Hi-P has a proven track-record in high volume production of mobile devices with sophisticated design and advanced technology.”
Yota Devices also announced that it is establishing an R&D and Asian sales office in Singapore. The Singapore R&D center along with the company’s development teams in Russia, U.S. and Finland will work with Hi-P to perfect the technology in the production of the first and subsequent generations of YotaPhone.
“YotaPhone is a real differentiator in the smartphone space, and Hi-P is pleased to be working with Yota Devices to bring this one-of-a-kind product to market,” said Mr. C.T. Yao, Executive Chairman and CEO of Hi-P. “Hi-P understands that speed and flexibility are keys to success in this rapidly changing market and we are committed to deliver on-time results of the highest quality for Yota Devices.”
YotaPhone, which was unveiled in December 2012, is expected to be ready for sale first in Russia and then globally in the second half of 2013.
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About Yota Devices. Yota Devices is a private company dedicated to mobile communications and connectivity devices based in Moscow, Russia. Yota Devices’ international team of software and hardware engineers and experts come from Russia, the U.S. and Finland. The company’s business philosophy is based first on innovating the user experience and then on applying the best emerging technologies to deliver on this promise. Yota Devices is bringing the company’s knowledge and obsession with the user experience to the new YotaPhone based on the company’s successful connectivity devices business. Yota Devices has already sold more than 3 million fast, reliable and attractive modems, routers and other connectivity devices. The company’s share of the LTE modems market is 6%. For more information visit http://www.yotadevices.com and www.yotaphone.com.
About Hi-P. Hi-P International Limited is a global vertically integrated contract manufacturer serving the wireless telecommunications, consumer electronics and computing and automotive industries. The Wireless business unit is the largest in Hi-P Group and works with the leaders of the wireless communications industry. The company specializes in providing its expert advice and execution from project management to production ramp to clients around the world. www.hi-p.com
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