Panasonic quits Japan mobile phone market Nokia or takes over

[reading] As sales languish, Panasonic will stop manufacturing its smartphone manufacturing plant by March 2014. Panasonic withdrew from the Japanese mobile phone market Nokia or took over Tencent technology Lin Jingdong August 29 compiled according to the Nikkei news, Panasonic is planning to quit Japan's consumer smartphone market and is currently finalizing its plan, and has approached potential buyers who are interested in acquiring its cellular base station business. It is reported that Panasonic will stop its smartphone production plant in March 2014 before the production business. Panasonic has informed Japanese carrier NTT DoCoMo that it will stop supplying new smartphone products from this winter. But it will continue to provide special models for corporate users and outsource certain models of smartphone production tasks to overseas markets. Panasonic will continue to produce and sell traditional handsets in China. Panasonic has also approached potential buyers of its cellular base station business, including Nokia in Finland. Panasonic said in July that the company's second-quarter handset sales fell sharply as the NTT DoCoMo adopted a new marketing strategy that offered greater discounts to Sony and Samsung Electronics-made smartphones.