Hutchison up 20.1% following OIS actuator deal

• Hutchison (NASDAQ:HTCH) is supplying an optical image stabilization (OIS) actuator for the camera module found within Taiwanese OEM InFocus' M530 Android phone. The phone is being sold in both China and international markets. (h/t Plan Maestro)
• Hutchison, which receives the lion's share of its revenue from hard drive assemblies, mentioned during its Nov. 5 FQ4 CC (transcript) it had begun ramping OIS actuator production, and is "delivering OIS actuators for a smartphone that will be introduced in China by the end of [2014]."
• The company asserts its shape memory alloy (NYSE:SMA) actuator tech "offers performance and size advantages compared with current OIS solutions."