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NEC Corp. is hoping to tie or merge its cell phone business with that of another Japanese handset maker within the next 6 months, its president said in an interview published Tuesday in a Japanese newspaper. President Akinobu Kanasugi told the Asahi Shimbun newspaper that he wants to find a domestic partner for his company’s cell phone business. He has ruled out working with a foreign cell phone maker because NEC has a large amount of 3G-related technology and know-how that was gained with NTT DoCoMo and other domestic partners, he said. Â
His comments come two weeks after NEC disclosed plans to scale back its cell phone handset business in China because it is having trouble making money in the mid-range market. NEC began a high-profile push into China’s high-end market in 2004 and expanded into the mid-range after finding some success. Continue
Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.
Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!