News Source: Times Online
| about 1 year ago
Sony Ericsson suffered a 23 per cent slump in sales of mobile phones as the struggling company reported net losses of €187 million (£165 million) in the fourth quarter. In total, the joint venture between Sony and Ericsson lost €73 million in...
News Source: Asian Wall Street Journal
| about 1 year ago
Mobile-phone maker Sony Ericsson Friday said it swung to a fourth-quarter net loss of €187 million ($246 million), from a €373 million profit a year earlier, as contracting consumer demand and decreased availability of credit hit its sales. It...