Kyocera Exiting China Cell Phone Market
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Kyocera plans to dissolve its joint venture with a Chinese parts maker, withdraw from China's handset market.
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Japan's Kyocera is to supply China Telecom, the country's biggest fixed-line telephone operator, with data PC cards that will allow users of its cut-price wireless network to connect their computers to the internet.
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China Telecom Corp. Ltd. (0728.HK),  the bigger of the country's two fixed-line phone firms, posted  a 4 percent dip in first-half earnings, lagging expectations,  as users switched increasingly to mobile services.
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Apple Inc  and China Mobile  have called off talks to launch the U.S. firm's popular iPhones  in China, dashing investor speculation that the device will hit  store shelves soon and sending China Mobile shares down.
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Kyocera (NYSE:KYO) on on Monday agreed to buy Sanyo (NASDAQ:SANYY)'s lossmaking mobile phone unit for Y40bn-Y50bn ($378m-$472m), creating the world's sixth-biggest handset maker.
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Following Sony&#39;s surprising exit from the US PDA handheld market earlier this summer, three other companies have announced their intentions to withdraw from the US handheld market.
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Qualcomm , the world&#39;s top  mobile chip designer, said on Wednesday China recently passed  Japan to become its second largest Asian market, as it unveiled  a major tie-up with leading smartphone maker HTC (2498.TW).
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You'll still be able to get a cell phone with Sanyo's name on it, if that's what you want. But now, the troubled Japanese electronics manufacturer will be selling its mobile phone business to Kyocera for around $374 million.
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Research In Motion Ltd. has won  permission to sell its BlackBerry device in China after eight  years of effort, the Globe and Mail newspaper said on  Wednesday.
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Apple Inc  and China Mobile   have called off talks to launch the U.S. firm's  popular iPhones in China, dashing speculation the device will  hit the country's store shelves soon.
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When Kyocera (NYSE:KYO) bought Sanyo (NASDAQ:SANYY)'s mobile phone business last week, it left more than one analyst in Tokyo puzzled.
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With their home market saturated, Japan&#39;s handset makers finally look abroad. Meanwhile, margins have plunged. When NTT Docomo (DCM ) unveiled its latest third-generation mobile phones on Nov. 17, gadget lovers were not disappointed.
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Qualcomm , the world's top mobile chip designer, said on Wednesday China recently passed Japan to become its second largest Asian market, as it unveiled a major tie-up with leading smartphone maker HTC .
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The company's wireless security technologies are flying off the shelves.
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Apple Inc and China Mobile have  called off talks to launch the U.S. firm's popular iPhones in  China, a spokeswoman for the Chinese company said on Monday,  further dashing speculation the device will hit the country's  store shelves soon.
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Research In Motion Ltd  has shipped the first of its BlackBerry smartphones to China and aims to start selling them later this year, a major breakthrough for the company in penetrating the huge Asian market.
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The mobile developer disbands the unit that developed the short-range wireless technology used in some cell phones and notebook PCs.