Toshiba Corp. has pulled out of the mobile phone
business by selling its 19.9 percent stake
in Fujitsu Toshiba Mobile Communications Ltd. to Fujitsu Ltd., the two
companies said Monday. The company, which sells and markets mobile handsets, was originally set up in October 2010 by taking over Toshiba's mobile phone
operations. It has since been renamed Fujitsu Mobile Communications Ltd. and
is now under the full control of
Fujitsu.
The Regza Phone and
some other Smartphone under the Toshiba brand will continue to be sold by
Fujitsu Mobile for the time being,
they said.
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VOCABULARY
1.
Pulled
out (v) - the act of an army, business etc leaving
a particular place
2.
Stake
(n) - investment
3.
Handsets
(n) - the part of a telephone that you hold near your ear and mouth
4.
Taking
over (v) - when one company takes control of another by buying more than
half its shares
5.
Under (prep) - in power
6.
Time
being (n) - the period of time that is happening now
QUESTIONS FOR DISCUSSION
1.
Tell something about these 2 companies: Toshiba
and Fujitsu.
2.
Is this mobile phone popular in your country?
3.
What are the disadvantage / advantages of
merging?
4.
Talk about popular mobile phones in your
country?
5.
How important is mobile phone to you?
