According to foreign media reports, Japanese electronics manufacturer NEC is cooperating with legend group Negotiate to sell its mobile phone business. NEC's mobile phone business is operated by NEC Casio Mobile Communications, a 70% joint venture controlled by the company. The traditional mobile phones are produced by NEC Japan Saitama Factory, and the smart phones are outsourced by external enterprises. At present, the business has suffered losses for three consecutive years.

Due to the fact that in recent years iPhone With the erosion of Android army, NEC's mobile phone business scale has shrunk significantly (the market share in Japan is only 6% at present, and about 25% in 2001), so even if it is sold to Lenovo, it will not have too much impact on other top international mobile phone manufacturers. However, if NEC really chooses to sell its mobile phone business, there will be only five major brands left in the Japanese mobile phone market in the future, including Sony, Sharp, Panasonic, Kyocera and Fujitsu. Recently, there are rumors that Panasonic will sell its mobile phone business to Taiwan manufacturers HTC And TSMC.

Learn more about new cool devices, stay tuned