NetworkNewsBreaks – Highpower International, Inc. (NASDAQ: HPJ) Secures Two New Strategic Partnerships
Highpower International (NASDAQ: HPJ) shares climbed 4% on news this morning that the company has reached two strategic partnership agreements in the U.S. and Europe with leading appliance brands to supply power solutions for high-end smart vacuum robots. The agreements are expected to provide Highpower with top-line revenues of $4 million in 2017. Additionally, the company has been involved in designing power solutions for three new models of smart vacuums that are expected to be launched in 2018, providing Highpower with anticipated top-line revenues of $15 million. "Highpower pays close attention to the end user as well as developing trends and work…