STOCK ALERT - Taiwan's High Tech Computer higher on reported Sony Ericsson order

TAIPEI, Sep 19, 2007 (XFN-ASIA via COMTEX) -- MSFT | charts | news | PowerRating -- High Tech Computer Corp (2498.TW) was sharply higher after a report that the company has secured a contract from Sony Ericsson Mobile Communications AB to design and assemble the latter's first smartphone using Microsoft Corp's Windows Mobile platform.

High Tech Computer jumped 18.00 twd or 4.00 pct to 468.00 on volume of 2.64 mln shares.

The Commercial Times reported that the order is estimated to exceed 1 mln units, and the smartphone is due to hit the market in the second half of 2008.

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