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July 16, 2013 08:17 pm -04
Original Link: http://www.engadget.com/2013/07/16/nec-to-halt-smartphone-business/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget
Nikkei: NEC to halt smartphone business after Lenovo deal falls through
Barely a month after NEC introduced the Terrain (seen above), its first phone in the US in eight years, and it looks like the company is about to give up its smartphone business for good. According to the Nikkei, NEC has been trying to sell its loss-leading mobile division to Lenovo since late last year, especially since the two already have an existing PC partnership. However, it looks like that deal has fallen through and the sale is no longer in the cards. The Nikkei reports that NEC hopes to focus on just its feature phone lineup for now, and to sell off a few mobile-related patents in the process.
Filed under: Mobile
Source: Reuters
Original Link: http://www.engadget.com/2013/07/16/nec-to-halt-smartphone-business/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget