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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Topics:  cell phone   electronics   gadgets   mobile   smartphone   sony   sony ericsson   technology   
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