Panasonic: to launch smartphones in Europe in March

Reuters News
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Posted: Dec 09, 2011 1:33 AM

TOKYO (Reuters) - Panasonic Corp said on Friday it would launch its smartphones in Europe in March, in the first step of a global strategy targeting 15 million unit sales worldwide in the year to March 2016, nine million of them overseas.

The move comes about five years after the company pulled out of the international mobile phone market due to harsh competition.

(Reporting by Isabel Reynolds; Editing by Joseph Radford)