Those guys at OnRelay could be right - maybe handsets are really dead!
Thomson, OEM for GE and RCA consumer phones, has decided to "exit with immediate effect" its retail telephony activities in North America. The company is exiting businesses that are "unlikely to contribute" to improving Thomson's profitability in the short to medium term.
Revenues for the business - primarily selling DECT phones to retailers in North America -- saw a decline of 18 percent year over year. The handset business was expected to report an operating loss of more than 20 million euros in the current year on 135 million euros of revenue. Now, Thomson is reviewing its European and Asian operations; the company is focusing on set-top boxes and "multiple play gateways" that include embedded telephony.
For more:
- CrunchGear bites into the story of Thomson departing consumer phones.
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