image credit: Adobe Stock

One of the first smartphone brands sold in the U.S. is leaving the consumer phone business

May 15, 2023


Japanese tech firm Kyocera is exiting the consumer smartphone business according to Japanese news agency Nikkei (via AndroidAuthority). The announcement was made during a conference call that was held to announce the company’s financial results for the fiscal year. Company President Hideo Tanimoto said that the reason why it is leaving the consumer end of the smartphone business is due to a lack of profits.

Read More on PhoneArena