Phone Scoop

printed October 24, 2014
See this page online at:
http://www.phonescoop.com/companies/news.php?c=122

Home  ›  Phones  ›

Hitachi

Info & Phones News Forums  

NEC Officially Quits Smartphone Business

Jul 31, 2013, 7:02 AM   by Eric M. Zeman

NEC today confirmed that it will exit the smartphone business. NEC had hoped to sell its smartphone business to Lenovo, but talks between the two companies broke down without a deal earlier this month. NEC said that it will cease the development, production, and sales of smartphones immediately, though it will continue to provide support for existing models. NEC will also continue to operate its cell phone business, which it runs with Casio and Hitachi. "We were late to enter the smartphone market, and we were unable to develop attractive products," said Chief Financial Officer Isamu Kawashima. "That's what it comes down to." NEC recently released the Terrain with AT&T in the U.S.


Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
1