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Japan Handset Makers May Merge Operations |
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Japan Handset Makers May Merge Operations
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By Allen Tsai | Sun Aug 30, 2009 5:40 am |
Japanese electronic makers NEC, Hitachi and Casio have begun talks about merging their struggling mobile phone operations to cut development costs in a saturated market.
A merger would create Japan's second-largest handset maker by shipments after Sharp and help Hitachi and Casio save money in a shrinking domestic market, while expanding to developing overseas markets such as China.The consolidation could be limited to handset development operations and not include production, said sources familiar with the deal. Japanese makers now face increasing competition from Apple's iPhone, together holding less than 10 percent of the global handset share. Electronics giant Sony is the only Japanese brand with a substantial global presence through a joint venture with Sweden's Ericsson. Last quarter it posted a $398 million loss and reiterated plans to focus on high-end smartphones, such as integration with its PlayStation games console.
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Wed Feb 08, 2012 12:50 pm | By
Google promises it will license Motorola patents fairly, as it strives to push its proposed acquisition of Motorola Mobility past European regulators.
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Wed Feb 08, 2012 12:31 pm | By
Sprint gained customers last quarter but lost money from subsidizing iPhone sales, as its expensive gamble fell short of expectations.
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Wed Feb 08, 2012 12:12 pm | By
Apple hasn't improved factory working conditions, a teenaged worker told CNN, adding controversy to the iPhone maker's Chinese labor troubles.
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Wed Feb 08, 2012 12:01 pm | By
Apple is searching for partners to launch iTV, its Internet-connected streaming video and movie service, in a bold move that may change television viewing forever.
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Wed Feb 08, 2012 11:07 am | By
Healthcare insurers are using apps to streamline patient-care systems, by connecting with and educating members, and ultimately reining in spiraling costs.
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More Phones: New Phones |
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Editorials & Opinion
By Janet Maragioglio
Doctors and nurses are turning to tablets and smartphones to aid their everyday work, as a new generation of medical professionals lean on gadgets to make healthcare more efficient and cost-effective.
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