Kyocera now 6th largest mobile manufacturer
Electronics and household product pioneers Kyocera are to buy Sanyo's mobile handset manufacturing business for between $378m-$472m, in a move that will create the sixth largest mobile phone maker in the world.
To ensure a smooth transition in the market, Kyocera plans to offer both Kyocera- and SANYO-branded products in Japan and abroad for the foreseeable future.
Kyocera acquires a comprehensive set of assets from SANYO relating to the research, development, design, materials procurement, manufacture, sales and marketing of handsets, base stations and wireless communication systems.
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