Comment on Sony Wants Full Control of Sony Ericsson to Boost Smartphones

Sony Wants Full Control of Sony Ericsson to Boost Smartphones

Sony is looking to buy out Ericsson?s share of Sony Ericsson, a move to gain full control and beef up development of the struggling handset unit. Japanese-Swedish joint venture, a 50-50 partnership since 2001, is the sixth-largest handset maker, but has been losing profits in recent years as it held back on smartphone development.

 

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