Monday, May 15, 2023

Kyocera stops making phones for consumers

Today Kyocera has announced that it's officially leaving the consumer mobile phone business, after a struggling period in which the company amassed a JPY 2.27 billion ($16.6 million) loss this February. In other news, it looks like Kyocera was still making phones - even though you, like us, may not have heard of any in the past few months (or years). The company is only quitting the consumer space, by the way. It will continue to serve corporate customers. With deteriorating profitability, something had to be done and apparently axing the consumer products was it. "We can no longer find...



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