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.

Sections:  business   
Topics:  cell phone   electronics   gadgets   mobile   smartphone   sony   sony ericsson   technology   
RELATED ARTICLES
BING NEWS:
  • Sony Mobile moves HQ to Japan, will cut 1000 jobs by 2014
    When Sony divorced Ericsson from their joint venture early in the year, they paid over $1.3 billion to the Swedish mobile magnate in order to regain full control of the company and shed its European name from the family tree. We then witnessed the birth of ...
    08/23/2012 - 6:30 am | View Link
  • Could Sony make a PlayStation Vita phone?
    Sony has acquired Ericsson's part of Sony Ericsson for $1.74 billion. 2. The PlayStation Vita handheld has a 3G version, and will be released in the U.S. next year. Somehow, can Sony's full control over the mobile phone unit lead to what I've been hoping ...
    10/27/2011 - 4:56 am | View Link
  • Sony and Ericsson Tackle Problem Child
    Sony is paying Ericsson €1.05 billion ($1.46 billion) for full control, helping lift both groups' share prices around 5%. Sony hopes for a boost to sales. Ericsson gets out of a business that had become a distraction as well as a drag on its performance.
    10/27/2011 - 1:12 am | View Link
  • Sony buys full control of mobile phone venture Sony Ericsson
    Ericsson is to receive 1.05 billion euros in cash for its 50 percent share of the venture, which was set up in 2001. It initially thrived with an array of camera and music phones, but later lost out in the smartphone race. (Reporting by Veronica Ek and ...
    10/26/2011 - 7:26 pm | View Link
  • Sony buys full control of mobile phone venture Sony Ericsson
    Sony Corp is to take full control of its Sony Ericsson mobile phone joint venture with Swedish mobile phone network gear maker Ericsson as it seeks to catch up with other makers of smartphones and boost its offering of consumer electronics, the companies ...
    10/26/2011 - 1:00 pm | View Link
  • More
BING SEARCH:
  • Accessories
    Shop. Sony Xperia™ Store. One-stop Xperia™ shopping. Phones. Get your Sony smartphone here. Tablets. Made to entertain on a bigger screen. SmartWear
    05/1/2016 - 7:34 pm | View Website
  • Sony Bravia KDL40W5500U 40-inch Widescreen Full HD 1080p ...
    Sony Bravia KDL40W5500U 40-inch Widescreen Full HD 1080p LCD TV with Freeview and 100Hz Motionflow: Amazon.co.uk: TV
    05/1/2016 - 11:20 am | View Website
  • Read a full Sony A7 II review
    Sony’s A7. series debuted last year and made a seriously good impression on the photography market, thanks to the combination of a relatively compact body and one of ...
    05/1/2016 - 9:54 am | View Website
  • Sony SmartWatch 2 | Android Central
    One of the biggest gripes with the Sony Smartwatch 2 was that there was no way to customize watch faces at all. Today a new update has arrived that not only adds ...
    05/1/2016 - 8:43 am | View Website
  • Phones | Android Smartphones
    Read more about Sony’s range of Android™ smartphones. Discover the latest technology with Sony Xperia smartphones.
    05/1/2016 - 3:49 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News