Panasonic will release its first mobile phone in seven years outside Japan. Panasonic left the global market in 2005 when its sales went down. The name of the mobile phone has not been disclosed, but it is a ultra-shin mobile phone with minimal design. It also features a 4.3 inch OLED display and is water-resistant. This global model will be available only in Europe in March 2012. Panasonic apparently has a plan to expand its market to the US and China later.