Monday, January 26, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Reports Second Quarter Results
Smart TVs Could Be Hackers' Next Target
Oculus Forms Virtual-reality Film Studio
Dell Launches Malware Protection and Detection Service
Motorola Returns To The Chinese Market with Three New Phones
LG Display Buys Rights To Use New OLED Technology
Turkish Court Orders Facebook to Remove Pages Insulting Mohammad
Malaysia Airlines And Russian Dating Sites Topface Websites Hacked
Active Discussions
Sound card for my Laptop
full screen wide screen
Hi
About the restriction problem of chapter quantity in DVD
Booktype utilities for LiteON and OEM DVD Recorders
downgrade a nero vision 5 project to nero vision 2
what is the minimum burning speed
GSA-4163B and bitsetting
 Home > News > Mobiles > NEC to ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, July 17, 2013
NEC to Exit Smartphone biz: report


Japanese IT and electronics giant NEC is reportdly abandoning its ailing smartphone business after a deal with Chinese PC giant Lenovo failed, according to reports from Japan.

Rumours emerged earlier this month that NEC had been chatting to the Chinese firm since 2013 about selling its smartphone business or partnering up. Now a Nikkei report says that NEC had offered Lenovo a majority stake in NEC Casio Mobile Communications but has now decided to exit the loss-making business after a deal couldn't be struck. NEC's talks with Lenovo over a mobile phone venture have reportdely stalled due to disagreements over majority ownership and patents.

NEC is also into a joint venture with Fujitsu and Docomo on the development of smartphone chips.

A NEC spokesman told us that no decision has been made yet on the company's smartphone business. The company is still considering several options, including talks with a potential partner other than Lenovo, or halting the development of new smartphones and focusing on its existing lines of feature phones.


Previous
Next
Google Said to Be In Talks With Media Over Web TV Service        All News        Panasonic Introduces Portable, Wireless Speaker
Nokia Lumia 625 Coming Soon     Mobiles News      LG Optimus G Pro Is Rolling Out Globally

Get RSS feed Easy Print E-Mail this Message

Related News
Kinect for Windows Sales To Phase Out
NEC Develops Ultra-sensitive Terahertz Camera
NEC Technology Detects Counterfeit Products
Microsoft Releases New Kinect SDK And Adapter Kit
NEC Technology Helps Take Less Stressful Blood Pressure Measurements
Samsung, Intel, Dell, Boradcom Team Up On Standards For Internet of Things
NEC Releases Face-authentication Software For PCs
Microsoft Reveals Kinect for Windows v2
Kinect for Windows SDK 1.8 Available
NEC Display Introduces 19-inch AccuSync Desktop Monitor with IPS Panel
NEC To Stop Making Smartphones
Researchers Use Kinect As Digital Assistance To Sign-Language Users

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .