from :
http://www.sanyo.co.jp/koho/hypertext4- ... 14-1e.html
Tokyo, Japan -- February 14, 2006 – SANYO Electric Co., Ltd. (SANYO) and Nokia Corporation (Nokia) today announced a preliminary agreement with intent to form a new global company comprised of their respective CDMA mobile phones businesses- separate from the parent companies. While the details of the agreements are still to be finalized, it has been agreed that the new entity will be operated in the spirit of partnership. The resulting company will have major operations in Osaka and Tottori, Japan and San Diego, USA. The relevant assets from both companies will be contributed or made available for the new entity. Final agreements are expected to be signed in the second quarter of 2006, with the new business expected to commence operations in the third quarter 2006, provided that the due diligence has been completed and all necessary regulatory approvals obtained.
It is expected that the new company will benefit by combining both parties’ complementary CDMA businesses to achieve a leading position within the global CDMA mobile phones market. SANYO has strong R&D expertise, leadership position and well-known brand in high-end and mid-range CDMA handsets. It also maintains strong relationships with CDMA operators in Japan and North America. Nokia brings to this new entity its world-renowned brand, demand supply expertise, a solid entry-level and mid-range CDMA mobile phones product portfolio and well-established relations with over 60 CDMA carrier customers around the globe.
SANYO’s President, Toshimasa Iue said, "In addition to making possible the supply of even better products to our current customers, this new company will also lead to raising our position in the global market." He added, "I am confident that integrating Nokia’s strong brand with SANYO’s ability to meet market needs will lead to the building of a very strong partnership in the CDMA industry."
"Meeting and exceeding our customers’ expectations is the key priority that drives Nokia every day," said Olli-Pekka Kallasvuo, President and Chief Operating Officer, Nokia. "We identified this new company as the best way to create an attractive CDMA phone portfolio for our customers with the widest possible product offering at the high-end, mid-range and entry levels. We estimate that the creation of this separate, associated company will provide Nokia with financial benefits from start. It also offers both parties access to R&D competencies that complement their own internal strategies."
登入
問答集
搜尋
