Wednesday, August 24, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Opera VPN App For Android Released
Microsoft Provides Glimpse Of 24-core Processor For HoloLens
Nvidia Unveils Parker, The Latest SOC For Autonomous Vehicles
Toshiba to Implement Eyefi Connected Features in Next FlashAir SD Cards
LG Unveils New Bluetooth Portable Speakers
Android 7.0 Nougat Released For Nexus Devices And LG V20
Sony To Launch Two New PS4 Models Next Month
Samsung To Announce Refurbished Smartphone Program
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Panason...
Last 7 Days News : SU MO TU WE TH FR SA All News

Sunday, July 20, 2014
Panasonic Seeks To Sell Its Mobile Base Station Business to Nokia


Panasonic has reached an agreement to sell its cellphone base station business to Nokia, according to a Nikkei report.

The Japanese electronics maker, which has been streamlining, wants to further free itself to focus on growth fields.

Sources on Saturday told The Nikkei that Panasonic will part with the base station operations of subsidiary Panasonic System Networks, which include wireless control systems for communications equipment. The Tokyo-based unit delivers the equipment to major Japanese wireless carrier NTT Docomo, among others. I

Panasonic is expected to exchange a memorandum of understanding with Nokia soon. The two companies will then work out the finer details, including the future of the unit's employees, and finalize a deal. The transaction's value is likely to be in the billions of yen.

The Japanese parent is looking to sell the unit by the end of the current fiscal year through next March, the report added.

The transaction could help Nokia capitalize on Panasonic's ties with NTT Docomo to further expand its market share in Japan.



Previous
Next
Snowden Calls For New, Anti-surveillance Encryption Schemes        All News        Qplay Streaming Service Is Close
Snowden Calls For New, Anti-surveillance Encryption Schemes     General Computing News      Qplay Streaming Service Is Close

Get RSS feed Easy Print E-Mail this Message

Related News
Ex-Rovio CEO To Bring New Nokia Phones To Market
Nissan Said to Exit Battery Business
Panasonic To Pay 129 Million Euros Fine Over Cathode Ray Tube Price Fixing Case
Panasonic Unveils 8K Ultra-bright Images Created by Four 4K Projectors
Nokia Buys Withings To Connect People to Better Health
Panasonic LUMIX GX85 Packs High Image Quality In a Compact Body
Panasonic Develops Secong Generation Freeze-ray Optical Disc-Based Data Archive System
Panasonic Announces Two New Rugged Smartphones
MWC: Ericsson, Nokia Offer 5G Timelines
Ericsson And Nokia Extend 3G's Capabilities Toward 5G Era
Nokia Settles Patent Dispute With Samsung
Panasonic At CES 2016

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .