Having failed to conclude an alliance with Lenovo in the field of smartphones, the Japanese group
NEC wishes to stop its production of smartphones.
The Japanese newspaper Nikkei reports that the NEC Electronics Group in the future should stop building because smartphones have reached an agreement with Lenovo. By the end of 2012, NEC proposed Lenovo to control the majority of NEC Casio Mobile Communications, owned by NEC (71%), Casio (20%) and Hitachi. NEC and Lenovo would, according to the daily, failed to agree on the extent of participation of the Chinese manufacturer. NEC might be possible to reverse its decision if another manufacturer was willing to cooperate with the Japanese group to invest in the joint venture.
This alliance would have to Lenovo, currently limited presence on the global market for smartphones (even though it ranks third in the Chinese smartphone market), to develop this market. For its part, NEC, without admitting in talks with Lenovo, recognized last June that its mobile phone business was experiencing financial difficulties and it should take a decision on its future direction.
For the record, in January 2011, NEC and Lenovo was formed in the Japanese market a joint venture in the field of PC. The joint venture has led both companies to improve their competitiveness in the PC market through economies of scale generated by the development, production and procurement of materials pooled. Lenovo was also able to enter Japan, a rather hostile to foreign brands market. At the time, the two companies announced that they were exploring other strategic cooperation in other regions and sectors.
The Japanese newspaper Nikkei reports that the NEC Electronics Group in the future should stop building because smartphones have reached an agreement with Lenovo. By the end of 2012, NEC proposed Lenovo to control the majority of NEC Casio Mobile Communications, owned by NEC (71%), Casio (20%) and Hitachi. NEC and Lenovo would, according to the daily, failed to agree on the extent of participation of the Chinese manufacturer. NEC might be possible to reverse its decision if another manufacturer was willing to cooperate with the Japanese group to invest in the joint venture.
This alliance would have to Lenovo, currently limited presence on the global market for smartphones (even though it ranks third in the Chinese smartphone market), to develop this market. For its part, NEC, without admitting in talks with Lenovo, recognized last June that its mobile phone business was experiencing financial difficulties and it should take a decision on its future direction.
For the record, in January 2011, NEC and Lenovo was formed in the Japanese market a joint venture in the field of PC. The joint venture has led both companies to improve their competitiveness in the PC market through economies of scale generated by the development, production and procurement of materials pooled. Lenovo was also able to enter Japan, a rather hostile to foreign brands market. At the time, the two companies announced that they were exploring other strategic cooperation in other regions and sectors.
0 comments:
Post a Comment