MacDailyNews Take: More like sayonara. Sayonara, NEC!
“The Japanese computer maker and provider of technology services said it will discontinue development, production and sales of smartphones effective immediately, other than the model already on the market,” Kachi reports. “It will continue development and production of conventional mobile phones and tablets. ‘We were late to enter the smartphone market, and we were unable to develop attractive products. That’s what it comes down to,’ Chief Financial Officer Isamu Kawashima said at a press conference.”
Kachi reports, “NEC merged its cellphone operations with those of Casio Computer Co. and Hitachi Ltd. in 2010 to create NEC Casio Mobile Communications. The three firms pooled their resources to embark on a major campaign to regain ground in the mobile-phone market. But the business has failed to rise to the challenge of stiff competition from rival products such as Apple Inc.’s iPhone…”
Read more in the full article here.
MacDailyNews Take: Bloodbath.
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