News
Mitsubishi exits mobile
Tim Green Mar 3 2008, 10:45am
Mitsubishi is getting out of the phone handset business.
The Japanese vendor has seen its unit sales plummet is a fiercely competitive and saturated domestic market. It expects its sales in the current fiscal year to hit 2.1 million handsets.
The overall market shifts about 50 million handsets a year.
The move comes weeks after Sanyo decided to sell its mobile handset production operations to rival Kyocera.
