Disqus
It’s been a long time in the making and we’re glad to hear that long-rumored Sanyo buy-out candidate Kyocera has finally sealed the deal with Sanyo. As you may recall, Sanyo’s mobile phone unit has struggled to turn a profit, and so put their cellphone-manufacturing arm on the auction block. Kyocera is said to be putting up $378 – $472 million to take Sanyo’s mobile phone manufacturing unit of its hands – making the the world’s 6th largest mobile phone maker.
Now, the deal is expected by some to help boost Kyocera’s market share and presence on the global market. Still, there are analysts that don’t see any benefit in a deal between two low-key market players. Japan’s mobile phone industry is incredibly fragmented (there are no fewer than 10 cellphone manufacturers in the island-nation), and has failed to gain a foothold in the face of larger global players like Nokia, Motorola, and Samsung.
Kyocera is liking blowing their $378 – $472 million wad to gain that 6th place ranking, and not much more. Good luck with that whole market-share nonsense.
[Via: Financial Times]
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
