Is Sony Ericsson Headed for Splitsville?
According to Reuters, Sony’s joint venture with cell phone maker Ericsson must do better.
Asked whether Sony is planning to end its Sony Ericsson joint venture, Sony head honcho Howard Stringer said: “It’s certainly been a difficult year but buying out a partner is never an easy thing.”
Sony lowered its group net profit forecast for the year to March by 17 percent, citing a slump at Sony Ericsson and weakening prospects for its electronics division amid tough price competition.
“We have to work together again as we did two years ago. Or the joint venture will have to find its own solution,” Stringer said.
He added that it was hard for a company to be as nimble as possible when it works in a joint venture.
Are the bells starting to toll? And will that be the last ring tone from Sony Ericsson?
Lots more here.
Tags: ericsson, howard stringer, reuters, sony
- Related Entries
- Top Selling Cell Phones: Updated -
Oct 06, 2006 - Everything in the World’s Going Wireless -
Aug 27, 2008 - Moto Looks To Get Its Mojo Back -
Aug 21, 2008 - Internet Finally Takes Off into the Clouds -
Aug 20, 2008 - What Economy? TV Sales Surge Anyway -
Aug 18, 2008 - PlayStation Home Beta Up for Grabs -
Aug 07, 2008 - Is Now the Time for e-Book Readers? -
Jul 24, 2008 - A Crapware-Free PC? Now, You’re Talking! -
Jul 21, 2008 - “Why Blu?” Sweepstakes could land you a Sony PS3 -
Jul 16, 2008 - Shaun White for Nintendo Wii (Wee!!!!) -
Jul 16, 2008
TrackBacks
| Comments | Tag with del.icio.us | VoIP & Gadgets Blog Home | Permalink: Is Sony Ericsson Headed for Splitsville?
Copyright VoIP & Gadgets Blog
Original post by VoIP & Gadgets Blog
