Casio, Hitachi and NEC In Talks to Merge Phone Businesses
Citing people familiar with the matter, the Wall Street Journal is reporting that Casio, Hitachi and NEC have entered into talks with the goal of merging their respective cellphone businesses. The merger would help all three companies take advantage of their individual strengths and better compete with Japanese market leader Sharp. Cell makers in Japan are under increased pressure to turn up profits, and the market has seen drastic changes there in recent quarters. The merger may be complete as early as April 2010. The three companies involved did not comment on the matter directly.
Casio's First Android Wear Watch Defines Ruggedness
Casio today announced the WSD-F10, the company's first foray into the modern smartwatch market. Casio has long made rugged, outdoorsy watches, and the F10 looks to entice outdoor adventurers who might be seeking more than just a timepiece.
T-Mobile and Dish Discussing Possible Merger
T-Mobile and Dish Networks are negotiating a potential merger between the two companies, reports the Wall Street Journal. The companies have agreed to some of the broad strokes of combining, but not the details.
Dish Seeking Cash for Possible T-Mobile Deal
Dish Networks is discussing loans of $10 to $15 billion with banks, reports the Wall Street Journal, which it would use to finance a merger with or acquisition of T-Mobile. Dish and T-Mobile are believed to be holding merger talks, though a deal is not imminent.
Foxconn Makes a Play for Sharp
Foxconn has offered to buy Sharp for $5.3 billion, reports the Wall Street Journal. Foxconn's offer arrives just as Sharp is weighing a buyout offer from Innovation Network Corporation of Japan.
FCC and Justice Dept. Likely to Approve AT&T-DirecTV Deal
The FCC and Department of Justice are wrapping up their review of AT&T's proposed $49 billion acquisition of DirecTV and don't have any real concerns, according to people familiar with the matter. The agencies may still impose conditions on the deal, but aren't likely to block it, says the Wall Street Journal.
What drastic changes?
Until that, Japanese operator just offered one style service plan.
Extremely subsidized phone + relat...
By combining the strengths of each company's offering into one, we have a shot of seeing something great coming from... uh... CastachEC???
If done right, they could be a real player in the game. I'm excited to see what happens.