Future Machine Receives Orders for $100 Million Worth of Mobile Phones Since October 2025

MT Newswires Live

01/26

Future Machine (HKG:1401) said it had entered several memorandums of understandings and established long-term strategic partnerships since October 2025 to export its mobile phones to multiple emerging markets, according to a Hong Kong bourse filing Friday.

Shares of the company gained nearly 17% in late morning trade Monday.

The firm said it had entered MOUs with partners in the United Arab Emirates, Bangladesh, India, Sri Lanka, and Turkiye to supply mobile phones and smart devices to the regions.

So far, the partners had placed orders for 1.5 million mobile phones with an aggregate contract sum of around $100 million, according to Future Machine.

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