Mitsubishi Gives Up on Mobile Phones

You didn’t know that Mitsubishi was making cellphones? May be that is why they are giving up that market that is intensely competitive. To be fair, Mitsubishi is a player in Japan with sales of almost a Billion dollars a year. However, that is not enough to keep the company in this business. It thinks that it will do better in investing elsewhere, and to be honest, it is probably a good decision.