SHENZHEN, China, April 6, 2011 /PRNewswire-Asia/ -- SinoHub, Inc. (NYSE Amex: SIHI), an electronics company whose major growth driver is manufacturing and distributing custom, private-label mobile phones, today announced that in view of the unusual market activity in its common stock (SIHI), the New York Stock Exchange contacted SinoHub in accordance with its usual practice. SinoHub stated that its policy is not to comment on unusual market activity.
About SinoHub, Inc. (NYSE Amex: SIHI)
SinoHub, Inc. (NYSE Amex: SIHI) is a leading electronics company based in Shenzhen, PR China which services clients worldwide. The Company's integrated contract manufacturing (ICM) business segment is currently focused on providing custom, private label mobile phones to customers in developing countries. This fast growing ICM business is capitalizing on a trend by carriers and distributors to offer their own brands of mobile phones with features and functionality targeted at their local markets, including 3G smart phones, at competitive price points. The Company's electronic component sales and services (ECSS) business segment provides procurement-fulfillment, spot component sales and supply chain management (SCM) services to manufacturers and design houses. The company's SCM services include warehousing, delivery, import/export, and give its customers total transparency into their supply chains by delivering SinoHub SCM, a proprietary, Web-based software platform the company has been using for almost ten years. For more information, visit the Company's Web site at http://www.sinohub.com and the B2B Chips Web site at http://www.b2bchips.com .
SOURCE SinoHub, Inc.