Sony Ericsson recorded its first quarterly net loss in more than five years yesterday, as the world's fifth largest mobile phone manufacturer was hurt by consumers buying fewer handsets.
Dick Komiyama, Sony Ericsson's president, announced plans to cut the company's handset range by 20 per cent to raise profitability. He said the company was consolidating three handset development divisions into one to reduce duplication and improve efficiency. He also said "Consumer confidence is less almost day by day." We totally agree with that!
Via: Financial Times
3 comments:
If they would ever release the Xperia X1, the numbers would be a lot different...
The Xperia X1 has been released! SE is going to cut the no of handsets launched in a yr......so 2009 will see less handsets from SE
There won't be any UIQ handsets too...SE proclaimed UIQ dead :(
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