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Kyocera Acquires Sanyo Mobile
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Posted on
Jan 25 2008 8:29 AM
by
adnana
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Kyocera has purchased Sanyo's unprofitable mobile division for $375 million; this includes Sanyo's handset manufacturing operations and sales channels in Japan and other countries.
However, the manufacturer's brand won't be changed. This way Kyocera hopes to expand its penetration in foreign markets, especially U.S.
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