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ò Market sources indicated that Sanyo Electric is in final talks to sell its cellular phone production business to Kyocera Corp. The deal is seen as marking the first sale of a cell phone production between Japanese companies. No comment regarding the deal could be secured from the two companies. A spokesperson from Sanyo said that the company has not decided yet whether it will sell the handset division. From Kyocera, the spokesperson did not deny nor confirm the deal. In a separate development, Sanyo announced that it will offload its entire equity stake in its handset sales subsidiary Telecom Sanyo Co. to Telepark Corp. in a deal valued at 4.8...
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