“Panasonic said it plans to focus on manufacturing and selling feature phones – or the clamshell-type handsets that were a staple of the pre-iPhone era,” Wakabayashi reports. “Feature phones still maintain a loyal following in Japan, accounting for about 30% of all mobile phones sold. Needless to say, that figure is shrinking.”
“It will suspend development of smartphones for consumer markets from October,” Wakabayashi reports. “Panasonic’s exit comes two months after another domestic rival, NEC Corp., announced its own retreat from the smartphone market and amid a flurry of deals that signal how past mobile phone performance is no indication of future success in the smartphone age.”
Read more in the full article here.
MacDailyNews Take: iPhone, serial killer.
[Thanks to MacDailyNews Reader “Scott M.” for the heads up.]
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