MobileWireless
ò Sanyo and Nokia said they have dropped talks to work together on a mobile joint venture, just four months after they announced the plan. After negotiations, Nokia Corp. and Sanyo Electric Co. stated that they have decided it would be better to pursue other options, the companies said in a joint statement. Japanese electronics maker Sanyo Electric said it would invest more than $350 million in its solar cell business over five years, aiming to cash in on the growing demand for renewable energy. Sanyo, the world's fourth-largest maker of solar cells behind Sharp, Germany's Q-Cells and Kyocera, aim to more than triple sales from the business to Ñ180 billion...
¬ Haymarket Media Limited. All rights reserved.
