Last week, three of Japan’s largest consumer electronics companies agreed to combine their mobile handset businesses in a stand-alone joint venture. The stated aim is to help the three companies – Casio, NEC and Hitachi – to make significant savings in production and marketing costs and to improve their positions in the cut-throat domestic market. The [...]
Posts Tagged ‘Sharp’
Nokia has announced plans to cease selling its mobile phones and other devices in Japan, bringing to an end the company’s decades-long struggle to supplant indigenous rivals such as Sharp, Panasonic, NEC, Fujitsu and Toshiba. [It currently enjoys a market share of less than 1%.] Already feeling the effects of the slowdown in growth in the global [...]
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