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Casio, Hitachi and NEC In Talks to Merge Phone Businesses

Aug 28, 2009, 7:54 AM by Eric M. Zeman

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.

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Comments

This forum is closed.

This forum is closed.

marufio

Aug 28, 2009, 10:46 AM

What drastic changes?

What going on in japan that would cause them to merge?

k75rider

In September 2007, Japanese regulator, Ministry of Internal Affair and Communication unveiled new policy. It caused drastic changes in Japan.

Until that, Japanese operator just offered one style service plan.

Extremely subsidized phone + relat...
(continues)

JeffroPuff

Aug 28, 2009, 9:29 AM

Smart move

That's all I can say. Smart move.
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.

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