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Pepsi to market mobile phones, accessories in China

PepsiCo 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.

(Source: CNBC)