A pair of sites named for ultra-mobile personal computing (umpc.cn and umpc.com.cn), one of the hottest technologies around, fetched an eye-popping 390,000 yuan ($49,000).

Full story available at CNN.

The only conclusion that I can draw from this news is that while UMPC growth is slow here in the US, it seems like it is something which is, or will soon be booming in Asia. Let’s hope that popularity spreads worldwide.