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Kyocera In Talks To Buy Sanyo

Sep 14, 2007, 1:45 PM by (staff)

Sanyo is entering the final stages of talks to sell its mobile handset division to Kyocera. Last month Sanyo began discussions to sell off its loss-making handset division as part of a financial restructuring attempt, though it later announced the unit would be profitable by the end of the year. The deal is rumored to be worth 50 billion Yen ($434 million) and will make the new company the 7th largest handset manufacturer. Since talks are still on going it is not known when the two companies will reach an agreement.

Reuters »

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Comments

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This forum is closed.

muchdrama

Sep 14, 2007, 6:07 PM

Well, it's not like Sanyo...

...was headed anywhere good. Their Katana line of phones didn't exactly show any originality.

In my opinion, Sanyo hasn't made a great handset since the 5300.

Jennyboo

I disagree

The 7400 was the best phone sanyo ever came out with

But its always gonna be based on personal opinions, I actually haven't owned a sanyo since then.

...

yesVZW