Itochu buys out New York-based smartphone reseller, Nikkei Asia reports
Nikkei Asia says the Japanese trading house aims to capture demand for low-cost handsets amid rising prices.
TLDR
Itochu bought out a New York-based smartphone reseller with an eye on the U.S. market, Nikkei Asia reports. The publisher says the Japanese trading house aims to capture demand for low-cost handsets amid rising prices.
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