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PepsiCo says to market mobile phones, accessories in China

PepsiCo Inc is working with a licensing partner to market a line of mobile phones and accessories in China in the next few months. Reuters file photo

PepsiCo Inc said on Monday it is working with a licensing partner to market a line of mobile phones and accessories in China in the next few months.
The food and beverage company however has no plans to get into the mobile phone manufacturing business, a PepsiCo spokeswoman said by email.
"Available in China only, this effort is similar to recent globally licensed Pepsi products which include apparel and accessories," the spokeswoman said.
The spokeswoman did not name the licensing partner or give any further details about the phone.
Technology website Mobipicker was the first to report, on October 11, that PepsiCo would release a smartphone, called Pepsi P1, with "decent but not high-end specs" on Oct 20.

Technology website Mobipicker is the first to report, on October 11, that PepsiCo will release a smartphone, called Pepsi P1. Photo taken from website of Mobipicker
PepsiCo already has many licensees across a number of categories. Last year, it tied up with companies such as Danish luxury stereo and TV maker Bang & Olufsen and Italian shoemaker Del Toro for a range of products for its soccer campaign.
PepsiCo's shares were down 0.5 percent at $99 in late afternoon trading on Monday, while the broader market was flat.

 

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PepsiCo says to market mobile phones, accessories in China

PepsiCo Inc is working with a licensing partner to market a line of mobile phones and accessories in China in the next few months. Reuters file photo

PepsiCo Inc said on Monday it is working with a licensing partner to market a line of mobile phones and accessories in China in the next few months.
The food and beverage company however has no plans to get into the mobile phone manufacturing business, a PepsiCo spokeswoman said by email.
"Available in China only, this effort is similar to recent globally licensed Pepsi products which include apparel and accessories," the spokeswoman said.
The spokeswoman did not name the licensing partner or give any further details about the phone.
Technology website Mobipicker was the first to report, on October 11, that PepsiCo would release a smartphone, called Pepsi P1, with "decent but not high-end specs" on Oct 20.

Technology website Mobipicker is the first to report, on October 11, that PepsiCo will release a smartphone, called Pepsi P1. Photo taken from website of Mobipicker
PepsiCo already has many licensees across a number of categories. Last year, it tied up with companies such as Danish luxury stereo and TV maker Bang & Olufsen and Italian shoemaker Del Toro for a range of products for its soccer campaign.
PepsiCo's shares were down 0.5 percent at $99 in late afternoon trading on Monday, while the broader market was flat.

 

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হাসিনা-জয়ের বিরুদ্ধে যুক্তরাষ্ট্রে ৩০০ মিলিয়ন ডলার পাচারের অভিযোগ তদন্ত করবে দুদক

এর আগে শেখ হাসিনা, তার বোন শেখ রেহানা, ছেলে সজীব ওয়াজেদ জয় এবং রেহানার মেয়ে টিউলিপ সিদ্দিকের বিরুদ্ধে নয়টি প্রকল্পে ৮০ হাজার কোটি টাকার অনিয়ম ও দুর্নীতির অভিযোগ তদন্তের সিদ্ধান্ত নেয় দুদক।

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