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Sanyo's net loss reported


Posted: 07 Feb 2007

7.3 billion yen net loss for the recent quarter was reported by Sanyo. Is Japanese electronics maker going to pull out of some markets its serves? A decline in Japan outnumbered that in U.S. market and others. The decline can be explained by increased competition in digital cameras that offset higher sales of mobile phones and advanced washing machines. Sprint is the only one carrier buying Sanyo handsets.

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