IFON news out! InfoSonics Rolls Out Two 5.5-Inch Phablets: The Verykool s5510 And s5511
Eddie Staley, Benzinga Staff Writer October 29, 2014 9:01 AM
InfoSonics Corporation (NASDAQ: IFON [FREE Stock Trend Analysis]) has announced expansion to its product lineup with two 5.5-inch phablets—the verykool® s5510 and s5511.
Both 4G-ready models run on Android 4.4 and feature a 5.5-inch qHD IPS LCD capacitive touch display, 3mm ultra-slim bezel and 8MP rear camera. Nicknamed the Juno and Juno Quatro, respectively, the phablets are lightweight and ergonomic – designed to be held comfortably single-handedly while providing users with the big-screen advantage. The Juno features a 1.2GHz dual-core CPU, 4GB ROM, 512MB RAM and 1.3MP front camera, while the Juno Quatro is equipped with a 1.3GHz quad-core CPU, 4GB ROM, 1 GB RAM and 2MP front camera.
Their debuts are well timed for the marketplace. According to a study recently published by the research service BI Intelligence, the popularity of smartphones with 5 to 7-inch screens has altered the smartphone market and cannibalized demand for tablets. They forecast that phablet shipments will represent 50% of total smartphone sales in 2016 and over the next five years will rise at a compound annual growth rate of 27%, almost double the rate of non-phablet shipments.
"Consumer preference and comfort level are gravitating toward larger-screen products, which enhance the user experience and in many cases replace the need for a tablet or laptop," said Joseph Ram, president and chief executive officer for InfoSonics. "We have come to a turning point where the mobile device has become an all-in-one consumer electronics product and verykool is committed to delivering products that fulfill that need."
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