Sony hangs up on wireless
Look like the Q will be buying up un-used manufacturing space very soon. Make sense, capacity constrain now with this no more. Thin phone demand going thru the roof. Look like rumor about phone business for sale is not true after all.
Company to end North American
wireless phone business
July 07, 1999: 12:29 a.m. ET
SAN DIEGO (Reuters) - Sony Digital
Telecommunications of America, an affiliate of Sony
Corp., said Tuesday it will discontinue its North
American wireless phone business and lay off 200
employees at its San Diego center.
The company, which employs 3,500 people at its
Sony Technology Center in San Diego and 25,000
staff throughout North America, expects to complete
the pull out by the end of September.
"Wireless technology is indispensable for Sony
to create a new IT-telecommunications world in the
digital network era," Katsumi Ihara, president of
Sony's global Digital Telecommunications Co. in
Tokyo, said in a statement.
"Sony will continue with its efforts to develop new
products and technologies in this area, while
supporting and reinforcing our current wireless
business in Asia, Oceania and Europe."
Sony also said it planned to continue its
U.S.-based wireless telecommunications research
activities in San Diego.
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