Wednesday, February 23, 2005

Forbes.com: Sony to Halt Production of Clie

Forbes.com: Sony to Halt Production of Clie: "Sony Corp. said Wednesday it will abandon its Clie hand-held computer business in Japan because of the gadget's declining popularity.
The Tokyo-based electronics giant will stop making Clie products in July, Sony spokesman Taichi Yamafuji said. The company pulled out of the overseas market last year.
Though Sony still leads the domestic personal digital assistant (PDA) market, it plans to withdraw as profits are expected to slide amid severe competition, Yamafuji said.
PDAs have lost ground to cellular phones with advanced features."
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