July 18, 2013

Japanese company NEC may stop making smartphones

"Japanese electronics giant NEC will likely abandon smartphone production....The Japanese cell phone market had been long dominated by domestic firms but the fast-growing demand for smartphones has given foreign rivals the jump. NEC, which used to be the top manufacturer controlling more than 27% of the Japanese market, is now ranked eighth, with just a five percent share"

Source: NEC to pull out of smartphone production
July 18th 2013
Japan Today

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