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@b2idigital Featured Company
b2idigital.com/featured-comp… @sonimtech (Nasdaq:
$SONM)
sonimtech.com/ announced today that select products from its new 5G connected solutions portfolio are now Trade Agreements Act (TAA) compliant, meeting the requirements necessary for procurement by the United States government, including specific country of origin limitations.
Other products in the company’s broader lineup of devices will also be manufactured outside of China to enhance operational resilience and open new market opportunities.
Sonim CEO Peter Liu stated, “Strategically locating our manufacturing operations outside of China and achieving TAA compliance for select models of our 5G connected solutions products are pivotal steps in strengthening our supply chain and aligning with the regulatory requirements of our key markets. These efforts reinforce our dedication to delivering secure, reliable, and high-quality wireless internet solutions, while also supporting our commitment to environmental, social, and governance (ESG) responsibility. By taking these strategic actions, we meet customer needs, enhance our ESG contributions, and further solidify our leadership in rugged, durable mobility solutions.”The news release also quoted Industry analyst David Krebs, EVP at VDC Research Group, who said, “Sonim’s approach to diversifying its manufacturing footprint and attaining TAA compliance positions the company well within its target markets. This strategic shift enhances their competitive edge and aligns with market demands for secure, compliant solutions.”
See the full announcement:
ir.sonimtech.com/news-events…
We commend the Sonim management team, including CEO Peter Liu, CFO Clay Crolius, CPA, Chief Commercial Officer Charles (Chuck) Becher, SVP Chris Yeatts, VP of Global Marketing Anette Gaven, and the entire team for their continued progress in advancing Sonim’s growth initiatives.
Please contact Matthew Kreps and his team at Darrow Associates, Sonim’s IR firm, with any questions, and check back at
b2idigital.com for further updates on the progress of Sonim’s expansion plans.
#B2iDigital #SonimTechnologies #TAA #5GConnectedSolutions #ESG #ManufacturingStrategy