Sonim Announces Appointment of Mike Mulica and Ken Naumann as Independent Directors prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Sonim Signs Agreement with SYNNEX Corporation to Distribute Sonim s Rugged Handheld and Tablet Offerings in North America
News provided by
Share this article
Share this article
AUSTIN, Texas, April 15, 2021 /PRNewswire/ Sonim Technologies (Nasdaq: SONM) announced today it has entered into an agreement with SYNNEX Corporation (NYSE: SNX), a leading provider of distribution, systems design and integration services for the technology industry, to distribute Sonim s RS60 and RS80 rugged SmartScanners and XP8 ultra-rugged smartphone across North America. We are thrilled to be partnering with a large and trusted industry leader like SYNNEX, said John Graff, Chief Marketing Officer, Sonim Technologies. Members of the Sonim management team have a history of working with SYNNEX and know first-hand the very strong relationships they have with their large community of resellers serving the mobility, industrial, enterprise, and public safety industries. We re looking forward to the po
Share this article
Share this article
ResearchAndMarkets.com s offering.
According to this report the market was valued at US$ 2,432.84 million in 2019 and is projected to reach US$ 3,960.79 million by 2027; it is expected to grow at a CAGR of 6.5% from 2020 to 2027.
North America led the global rugged phones market with more than 30.0% revenue share in 2019, followed by Europe and APAC. North America is the most technologically advanced region comprising major economies such as the US, Canada, and Mexico. These economies are characterized by higher standards of living, high disposable incomes of individuals, and rapid technological advancements in the technology industry. Moreover, rising trend of industrial automation driven by growing advancement in Internet of Things (IoT) and its applications is bolstering the industrial growth in the region. Several industries in the region such as oil & gas, aerospace, automotive, transportation, telecommunications, and logistics are impl
Sonim Reports Fourth Quarter Results
New SmartScanner Tablet and Handheld Expand Addressable Market and Geographic Opportunities in 2021
News provided by
Share this article
Fourth Quarter 2020 and Recent Highlights
Net revenues of $15.8 million, increased from $14.4 million in the third quarter, driven by increased sales of XP8 smartphone devices.
Gross margin was 23.5%.
Ended the quarter with cash and cash equivalents of $22.1 million.
Announced (i) the transfer of Sonim s Shenzhen manufacturing operations to Unicair, expected to stabilize factory overhead for current products, and (ii) the transfer of Sonim s India-based software development center to Coforge, expected to further reduce personnel and real estate costs.
Taipei, March 8 (CNA) U.S.-based ultra-rugged mobile phone provider Sonim Technologies, Inc. has placed orders with FIH Mobile Ltd., a Hong Kong-listed subsidiary of Taiwanese manufacturing giant Hon Hai Precision Industry Co.