0
Mobile & Wireless

NEC to withdraw from smartphone market - report

Wednesday 17 July 2013 | 03:17 CET | News
Japanese electronics company NEC is planning to exit the smartphone market as a planned deal with China's Lenovo fell through, the Nikkei reports. NEC had been in negotiations with Lenovo since late last year, hoping to revive its mobile phone business with Lenovo, offering a majority stake in NEC Casio Mobile Communications to the company. However, the two firms could not come to an agreement. NEC, which has a market share of around 5 percent in Japan, now plans to stop development of new smartphones, including the Casio-branded phones, and focus only on conventional handsets. NEC will

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Lenovo / NEC / NEC Casio Mobile Communications
Countries: Japan
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

NEC to exit smartphone business

Published 31 Jul 2013 11:54 CET | Japan
NEC has announced plans to exit the smartphone market, in order to focus more on its Social Solutions business. It will continue ...

'NEC trekt zich terug uit verkoop smartphones'

Published 17 Jul 2013 08:52 CET | Japan
NEC overweegt om de verkoop van smartphones te staken nu een deal met Lenovo niet doorgaat, meldt de Nikkei. Het Japanse bedrijf ...

Lenovo in talks about possible smartphone JV

Published 04 Jun 2013 10:57 CET | World
Lenovo said in a filing on the Hong Kong stock Exchange that it has entered preliminary negotiations with an unnamed company in ...

NEC to sell mobile handset unit to Lenovo - report

Published 29 Mar 2013 08:54 CET | World
NEC is in talks to sell its mobile phone unit to its personal computer venture partner Lenovo, a source familiar with the ...





48%
market share cable on VoIP market
Netherlands  |  2016 Q1

Calendar   /   Industry Events

01 Aug Frontier Communications Q2 2016
01 Aug Broadsoft Q2 2016
01 Aug DSP Group Q2 2016
01 Aug Hawaiian Telcom Q2 2016
02 Aug HTC Q2 2016
02 Aug Calix Q2 2016
02 Aug Glu Mobile Q2 2016
02 Aug Pctel Q2 2016
02 Aug Otelco Q2 2016
02 Aug CyrusOne Q2 2016
02 Aug Vonage Q2 2016
02 Aug Harris Corporation fiscal Q4
02 Aug 3rd Annual Africa Telecoms Fraud, Revenue Assurance & Risk Management Forum
03 Aug CenturyLink Q2 2016
03 Aug Synchronoss Technologies Q2 2016
03 Aug CSG Q2 2016
03 Aug Interxion Q2 2016
03 Aug Equinix Q2 2016
03 Aug Ceva Q2 2016
03 Aug Square Q2 2016
03 Aug iPass Q2 2016
03 Aug RingCentral Q2 2016
03 Aug Synacor Q2 2016
03 Aug FairPoint Communications Q2 2016
03 Aug MediaTek Q2 2016
03 Aug Novatel Wireless Q2 2016
03 Aug Extreme Networks fiscal Q4
04 Aug Internap Q2 2016
04 Aug Ubiquiti Networks fiscal Q4
04 Aug Mitel Q2 2016
::: More Calendar Items