Crossword Genius

Re part of hearing: company clear about first hour (8)

Ross

I believe the answer is:

cochlear

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're part of hearing' is the definition.
I can't judge whether this definition defines the answer.

'company clear about first hour' is the wordplay.
'company' becomes 'co' (abbreviation).
'about' is an insertion indicator.
'first hour' becomes 'h' (1st letter of 'hour').
'clear' enclosing 'h' is 'chlear'.
'co'+'chlear'='COCHLEAR'

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I've seen this clue in the Sydney Morning Herald.
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