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NEC is exiting the smartphone business

2013-08-01 03:34:50| MobileTechNews

NEC announced today that it will halt development of new smartphone products. It will continue to support products now in the field and continue development of conventional mobile phone handsets.

Tags: business nec smartphone exiting

 

NEC to exit smartphone business

2013-07-31 11:54:00| Telecompaper Headlines

(Telecompaper) NEC has announced plans to exit the smartphone market, in order to focus more on its Social Solutions business. It will continue to support existing smartphones on the market as well as make conventional mobile phones, through its unit NEC Saitama. It will also still make tablets. The decision is due to the increasingly competitive smartphone market, where the Japanese manufacturer faces declining sales and a lack of scale, even after acquiring the Casio business. Staff at NEC Casio Mobile Communications will be redeployed elsewhere in the company, focusing on the Social Solutions Business. The company said it's still assessing the financial impact of the strategy decision.

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NEC to pull out of smartphone market

2013-07-31 02:00:00| Total Telecom industry news

Japanese firm will continue making basic mobile phone and tablets.

Tags: market pull nec smartphone

 

Ubuntu Edge smartphone funding levels dying off

2013-07-30 14:47:29| InfoWorld: Top News

The first heady rush of support for Canonical's crowd-funded Ubuntu Edge smartphone appears to have tapered off, as donations for the eye-catching device have slowed substantially over the past several days. The project sits just above the $7 million mark at the time of this writing a large sum by the standards of crowd-funded projects, to be sure, but the $32 million goal is still a long way off.

Tags: levels edge funding dying

 

Amkor sees lower 2Q profit as smartphone business slows

2013-07-30 05:08:52| Semiconductors - Topix.net

Amkor Technology Inc. had higher second-quarter revenue but lower profits driven by a slowdown in the smartphone market, the company announced today.

Tags: business lower profit sees

 

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