Sanyo Electric has given up potentially lucrative plans announced in February to tie up on mobile handsets with Finnish giant Nokia as the firms had failed to reach a compromise. “The plan of setting up a joint venture with Nokia in CDMA mobile handsets is over, as both sides saw difficulty making concessions in sharing patent rights and other company assets,” Sanyo Electric spokesman Akihiro Oiwa said Thursday. The plan was one pillar of Sanyo’s restructuring efforts.

“We’ll continue seeking possibility of other forms of business alliance with a possible partner not limited to Nokia,” the spokesman said. But the company said in a statement that Sanyo and Nokia “continue to value their long-standing relationship and will leverage this to meet customer and market expectations.” continue>>

[Consiering Sanyo's well documented success with GPS in Japan it would seem likely there are other big fish in the sea.. hence the apparently difficult comprimise -- Eds]

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2. Sanyo Rumored to Exit Handset Business
3. Sanyo Shares Slide on Battery Recall
4. M1 Awards Nokia 3G Deal
5. Matsushita Stock Hit by Nokia Battery Recall

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!