Retail in Asia

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Fujitsu, Toshiba in talks to merge mobile-phone units

Fujitsu Ltd and Toshiba Corp. are in talks to combine mobile-phone operations and create Japan’s second largest handset producer, two officials at the companies said.

Japan’s mobile-phone makers face pressure to consolidate as competitors including Nokia Oyj and Samsung Electronics Co. win market share overseas and iPhone-maker Apple Inc. takes customers at home. NEC Corp. merged its phone unit with those of Casio Computer Co. and Hitachi Ltd earlier this month.

(Source: BusinessWeek)