Somy Mobile Communications
Sony struggling with handset business
May 14, 2012 Written by Dawinderpal Sahota
Following its acquisition of Ericsson’s 50 per cent share in Sony-Ericsson, Sony’s mobile unit has posted a staggering €1.15bn ($1.48bn) loss for the year ending March 31, 2012. This is in contrast to the €74m profit that Sony-Ericsson made a year earlier.
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