Sanyo looks to sell of its loss-making mobile phone division

s750i_front_open.jpgPhone Scoop has reported that Japanese consumer electronics manufacturer Sanyo is in talks with fellow handset makers to off load its mobile phone arm of the business. Despite some success in its homeland and the U.S, its operating profits still nose-dived a massive 72 per cent between April and June this year while its also blaming the rise in cost of raw materials as contributary cause. Both Sharp and Kyocera are believed to be the front runners to snap up the mobile division and its rumoured Sanyo is already in talks.

Of course us Brits did experience a taste of Sanyo’s mobile phone prowess (cough!) a couple of years back when it launched the S750 and successor S750i (pictured) on Orange. These 3G sliders failed to grab the public’s interest and promptly sunk without a trace.

(Reuters via Phone Scoop)

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