Update Aug 19: Sharp announces that the Aquos Crystal will launch in the U.S. “soon.”
Sprint-owned Japanese telecom corporation Softbank is teaming up with Sharp Electronics to build a series of cheap mobile phones, the company announced Monday.
Best known among consumers for its televisions, Sharp also provides display technology to a number of companies, including mobile phone maker Xiaomi.
The first phone of the planned series, the Aquos Crystal, will be carried exclusively by Softbank. To give Softbank a competitive edge, the phone will feature a new service that lets users make an unlimited number of downloads from certain apps for a fixed price.
Partnering with Softbank may be just what Sharp needs to pull its handset business out from under water; especially as trendy new competitors like Xiaomi continue to emerge.
In the last quarter, Sharp’s shipment of mobile phones only comprised 12.1% of total mobile shipments in Japan, compared with 67.4% for Apple, according to the Wall Street Journal. Sony sits below Sharp, with only 10.6% of shipments in Japan.
In the global arena, neither Sharp nor Sony even rate in the top five mobile vendors.
SoftBank Corp is a Japanese telecommunications and Internet corporation, with operations in broadband, fixed-line telecommunications, e-Commerce, Internet, broadmedia, technology services, f... All Softbank Corporation news »
At Sharp Electronics Corporation, a U.S. subsidiary of Osaka-based Sharp Corporation - a company known worldwide for its unique one-of-a-kind electronic products and solutions, our challenge... All Sharp Corporation news »
More: MobileBeat 2016 is focused on the paradigm shift from apps to AI, messaging, and chatbots. Don't miss this opportunity: July 12 and 13 in San Francisco.