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NEC slashes 10,000 jobs – blames Thai floods, smartphone slump

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Gimp

Wall Street Journal Article

http://online.wsj.com/article/SB10001424052748703315404575250921648983384.html

"Apple still accounted for only 5% of Japan's 34 million new handsets sold in the past fiscal year, but its market share of phone shipments climbed, while those of bigger rivals Panasonic Corp. and NEC Corp. fell."

So Apple success here would seem to be dramatically overstated.

It's not Apple who're killing them in Japan, it's Samsung.

Things have changed

You can't be a 2nd tier industrial supplier and a 3rd tier consumer products company and just get by on being big and having a few existing customers anymore.

Nobody says - I would like an iPhone but I'll settle for a not as good NEC smartphone instead because ... why ? .....

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