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iMing Corp to Launch its New Product Line for the iPhone Accessories Market(February 04, 2013)
HONG KONG -- (Marketwire) -- 02/04/13 -- iMing Corp. (PINKSHEETS: IMNG) announced today that the company plans to launch its new product line for the iPhone accessories market in the second quarter(Q2) of 2013. The company's new device is called the "imRemote". The "imRemote" is the smallest and most powerful universal remote control device made for the iPhone. The imRemote controls a TV, DVD, VCR, home Theater, Blu-ray, Cable Boxes, Satellite Boxes, Receivers, etc.. The imRemote is compatible with the iPhone 4, 4S, 5, iPod Touch 3rd, 4th, 5th generation. It is also compatible with the iPad, iPad 2, iPad 3, and iPad 4. The company is expected to launch it's imRemote for the Android and Windows phones later this year.
The latest worldwide smartphone data from IDC reveals that Apple's (NASDAQ AAPL) worldwide market share grew to 25.1 percent in 2012. Apple's total iPhone shipments increased 46.9 percent last year, from 93.1 million handsets in 2011 to 136.8 million in 2012.
Controlling a quarter of smartphone shipments, Apple was squarely in second place worldwide, in a two-horse race with market leader Samsung - the only other company among the top five vendors that managed to grow its share.
Samsung easily outpaced Apple in 2012, growing its shipments by 129.1 percent, more than doubling Apple's year-over-year growth. Samsung also saw its market share grow from 19 percent in 2011, when it was in a dead heat with Apple, to 39.6 percent in 2012, or nearly 15 percentage points ahead of Apple.
In third place, Nokia continued its tumble, losing 54.6 percent of its shipments from 2011. The Finnish handset maker represented just 6.4 percent of smartphone shipments in 2012.
HTC off 25.2 percent from 2011, which was good for a 6 percent share in 2012. That tied it with Research in Motion, which also had a 6 percent share after its shipments slid by 36.4 percent.
IDC found that Huawei grew its shipments 89.5 percent year over year to 10.8 million, good for 4.9 percent of the market in the fourth quarter. In fourth was Sony, which surged 55.6 percent and took 4.5 percent of the market. And ZTE took fifth, growing 48.4 percent and capturing 4.3 percent of the market.
ABOUT THE COMPANY
iMing Corp is positioning its self to be a leading technology solution provider of set-top boxes (STB) which supplies high-definition television through the Web (Web TV) in China, with the goal of being a leading provider of set-top boxes through out Asia and expanding into North America and Europe. The iMing's Set-Top Box can play source files from USB, SD/MMC card, SATA or an internal 2.5"storage installed into the Web TV Box. By supporting the latest format 1080P Full HD decoding, SPDIF.7.1.DTS decoding and HDMI 1.3, the iMing Web TV Box brings superior quality and flexibility to consumers home entertainment experience. The technology used by iMing makes its competitive with the other industry players such as Google TV, WDTV, Apple TV, Roku and Boxee Box.
For further information please refer to the Company's website at www.imingcorp.com
SAFE HARBOR STATEMENT
Certain of the statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited financial resources, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: iMing Corp. via Thomson Reuters ONE [HUG#1675389]
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