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Monday, April 30, 2007

 

Panasonic to bring back mobile phones soon

 
AFTER winding down its cellular-phone operation in the country, Panasonic Manufacturing Philippines Corp. (PMPC) turned around and announced it will sell a new line of mobile phone in the local market in the future.

Hiroyuki Iwaki, marketing director of Panasonic, said the company will release third-generation (3G) phones, but not this year.

“We’ll going to come up with 3G phones in the future, [but] we don’t know yet the exact time,” Iwaki told reporters at a media event to celebrate the company’s 40th year in the Philippines.

The Japan-based Matsushita Electrical Industrial Co. Ltd. closed its Philippine mobile-phone unit in 2006 following its decision to “phase out its overseas GSM [global standard for mobile communications] mobile-terminal business due to severe global competition.”

PMPC had a 2-percent share of the domestic mobile-phone market up to the time it stopped operating the unit in March last year.

PMPC President Reynaldo S. Lico said with several major brands dominating the GSM market, it would be “very difficult for Panasonic to stay competitive in the Asia-Pacific market.”

“It is more appropriate for Panasonic to focus on the future mobile-phone platform after GSM,” Lico averred.
--Chino S. Leyco

   

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