TOKYO -- Kyocera Corp. has made plans to outsource its cell phone production in North America to Flextronics International and cut 1,700 jobs at its mobile phone division to turn the loss-making business around.
The latest restructuring follows Kyocera's announcement in March that it will quit its struggling digital camera operations this year. The company will outsource production at U.S. unit Kyocera Wireless Corp. to Flextronics from late May.
Kyocera did not disclose details of the deal in the statement, nor did it specify where the 1,700 jobs would be cut.
The company said any financial effects from the outsourcing to Flextronics were already included in Kyocera's full-year earnings forecast released on April 27.