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Friday, February 26, 2010

NEC, Casio and Hitachi merger delayed by a month

Last September we reported how NEC Corporation, Casio Computer Co and Hitachi were planning to merge their respective mobile phone businesses into a joint venture that would launch in April 2010.

The companies now say a review by competition authorities may not be completed in time for an April launch, so they're postponing it for approximately a month.

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Author: The Fonecast
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