Dividend-challenged Sony contemplates smartphone exit from China

Sep 19, 2014

Dividend-challenged Sony contemplates smartphone exit from China

Sony Corp. might sharply downsize its smartphone operations in China because business is unlikely to grow against competition from popular local rivals, company sources said Thursday. Sony, which on Wednesday warned of a bigger loss than previously projected for fiscal 2014 ending March due ...

Jun 19, 2013

Lenovo exec to head NEC, joint PC operations

The chairman of China’s Lenovo Group Ltd., Roderick Lappin, will take over as head of NEC Personal Computers Ltd. and Lenovo Japan Ltd. effective June 28 to pursue faster decision-making and boost sales of PCs and tablet devices, the companies announced Tuesday. The two ...

Mar 30, 2013

NEC in talks with Lenovo on selling mobile phone subsidiary

Ailing NEC Corp. is in talks to sell its mobile phone subsidiary to Chinese PC maker Lenovo Group Ltd. as part of turnaround efforts, company sources revealed Friday. The move to sell NEC Casio Mobile Communications Ltd. follows the subsidiary’s sluggish performance in the ...