Home  ›  News  ›

Panasonic to Exit Smartphone Business

Article Comments  2  

Sep 26, 2013, 7:06 AM   by Eric M. Zeman

Panasonic today announced that it plans to cease making and selling smartphones for consumers. The company has been reevaluating its mobile phone business for several months and moving forward will make only feature phones for its home market of Japan. Feature phones still make up 30% of phone sales in Japan, and Panasonic can produce them at a lower cost and with better margins. Panasonic has not sold cell phones in the U.S. for many years. Panasonic's exit from the consumer smartphone market follows that of in-country rival NEC, which announced similar plans earlier this year.

Wall Street Journal »

Related

Comments

This forum is closed.

This forum is closed.

Drunk

Sep 28, 2013, 2:42 PM

The question is..

Were they ever really in the business?
My thought exactly.
 
 
Page  1  of 1

Subscribe to news & reviews with RSS Follow @phonescoop on Threads Follow @phonescoop on Mastodon Phone Scoop on Facebook Follow on Instagram

 

Playwire

All content Copyright 2001-2024 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.