Nec covers the business of manufacturing mobile phones
Japanese Nec decided that the company will no longer release new smartphones and actually leaves the market of mobile phones Asia. In Nec said they will only fulfill its obligations under previous contracts. The company said it could not find an economic model that would allow the production Nec compete in today's market. said in a statement that the Nec stops the development, production and sales of new smartphones.
The company will continue to manufacture the existing models on previous contracts, and in addition, will continue to work with mobile operators in Japan, the program co-production models breningovyh basic phones. Today, the company revealed new losses in the second quarter, while sales for the year Nec virtually changed.
Net sales rose 1.4% to $ 6.4 billion, while losses have soared. still manufacturing smart phones Nec was focused mainly on the Japanese market, where the company has a joint venture Nec Casio Mobile Communications, established in 2010. Here Nec owns more than 70% of the shares. It's in the past year has produced 2.9 million phones.
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