NEC ends smartphone development, will make no new models

The company will continue to make tablets and low-end mobile handsets

NEC will introduce no new smartphones, and will make current models only to order, as it struggles to find the economies of scale required to compete in the market.

The Japanese company is ending the development, manufacturing and sale of new smartphones, it said in a statement Wednesday. It will continue to manufacture existing models to order, and to maintain and support them, a spokesman said.

NEC will continue developing and producing conventional mobile phones, and will also operate its tablets business.

Separately, the company reported larger losses in the second quarter, while sales remained almost flat year on year. Net sales were up 1.4 percent to ¥640 billion (US$6.4 billion) while losses increased to ¥21.5 billion from close to ¥18 billion in the same quarter last year.

NEC is not a key player in the global mobile phone business, with sales mainly in Japan. The company's mobile business is operated by NEC Casio Mobile Communications, a company set up in 2010 when NEC merged its mobile phones business with those of Casio Computer and Hitachi.

NEC still holds over 70 percent of the equity of the joint venture, which had net sales of ¥140 billion and shipped 2.9 million phones in the fiscal year ended March 31.

John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is john_ribeiro@idg.com

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags business issuesconsumer electronicssmartphonesfinancial resultsNEC

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

John Ribeiro

IDG News Service
Show Comments

Essentials

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Michael Hargreaves

Windows 10 for Business / Dell XPS

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?