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Wednesday, August 20, 2008
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PRINT EDITION > APRIL 2008
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Mitsubishi Electric to terminate mobile handset business

1 April 2008

Mitsubishi Electric Corporation President and CEO, Setsuhiro Shimomura, announced that the company has decided to no longer continue its mobile handset business in Japan in order to strategically shift resources to the communicationrelated business and other businesses the company plans to strengthen. Approximately 600 employees, including R&D, manufacturing and sales divisions in the mobile handset business are basically to be repositioned mainly in the company’s other strategic businesses.

http://global.mitsubishielectric.com

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