Smartphone Popularity Makes Hinge Vendor Delisted

Joi's TV phonephoto © 2006 Jyri Engestrom | more info (via: Wylio)
Strawberry Corporation, a Tokyo-based Japanese hardware maker announced [J, pdf] on October 27 that the company was delisted from Osaka Security Exchange JASDAQ market, as it was helped and subsidized by Advanex.
Their anchor product is micro-sized hinges used for clam-shell type cellphone and laptop PC.
Strawberry Corporation was rumored [J] to be bankrupted in June, listed on the stocks to be watched by Osaka Security Exchange.
This is obviously affected by decreasing clam-shell type cellphone from market. In 2008, the company boasted over 50% share for cellphone in Japan. Many vendors move to sell touch-panel smartphone, which do not use the hinge parts.
The company was listed on October 25 2001, so it had been listed for 10 years and 2 days. Their decade was with Japanese feature phone’s success.

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