Birth of a new mobile phone company? NEC, Hitachi and Casio to merge cell phone businesses

Big news from Japan’s mobile phone industry today (Friday afternoon Japanese time). Various Japanese media are reporting that NEC, Hitachi and Casio are in talks to merge their cell phone operations to become Japan’s second biggest manufacturer, following Sharp.

Reportedly, NEC plans to integrate its cell phone business into a tie-up that already exists between Hitachi and Casio. According to rumors, NEC wants to take a majority stake in the new entity, which would then control about 20% of the Japanese cell phone market.

This post is tagged: casio, cell phone, cgjapan, Headline, Hitachi, Merger, MobileCrunch, NEC