Sony Corp. is taking control of its mobile business. The consumer electronics giant says it will axe 1,000 jobs and move its mobile business unit from Sweden to Japan.
Citing intense competition, unfavorable macroeconomic conditions and the effects of a natural disaster in Thailand, the president and CEO of Sony Ericsson Bert Nordberg justified the company's lower revenue for the fourth quarter and full year ended December 31, 2011. Sales were down 16%...
Blog and press reports have indicated that Apple has hired formerly Sony Ericsson U.S. president and head of the North America region, Anderson Teixeira, to be head of Apple's Latin America business. Indeed, Teixeira has updated his LinkedIN account, showing his new position. However,...
For the second time in two months, mobile marketing powerhouse Velti PLC (Nasdaq: VELT) has announced a strategic acquisition, saying it will buy Europe's fastest-growing private technology company, Mobile Interactive Group. The purchase will make Velti the world's largest mobile marketing company based on revenue and customers.
Switzerland's ST-Ericsson has inked a deal to supply chipsets for future Nokia phones that use the Microsoft Windows operating system. Shares of ST-Ericsson's two parent companies, Ericsson and STMicroelectronics, traded higher on the news, as did Nokia.
Finland-based Nokia is the world's largest cellphone maker,...
Sony announced that it would acquire Ericsson's 50% stake in their handset joint venture for $1.46 billion, ending a roller-coaster ride of a partnership that failed to make significant inroads into the device market despite the brand recognition of its parent companies. The venture...
Reuters | August 31, 2011 | Liana Baker, Nicola Leske
Sony Corp took the wraps off its long-awaited tablets on Wednesday with price tags that could hurt the company's chances to compete for the No. 2 spot in the tablet market.
Read the full article here...
Reuters | August 31, 2011 | Liana Baker, Nicola Leske
Sony Corp took the wraps off its long-awaited tablets on Wednesday with price tags that could hurt the company's chances to compete for the No. 2 spot in the tablet market.
Read the full article here...
Tablet fans have two new devices to pore over today thanks to HTC Corp. and Sony Corp. (SNE) Sony announced the Sony Tablet, which will come in two different form factors and designs running on Android. HTC announced its own Android-powered Jetstream.The Sony...
With the recent HP shut-down of the WebOS and Palm divisions, it's becoming increasingly clear that to succeed in the mobile device market, an OS needs to have significant device, developer, and customer traction. And without one, you can't get the other two. Consider...
RIM believes it could hit a harmonious note with consumers by launching its own music streaming service say sources. The news comes on the same day wireless phone carrier MetroPCS announced it had struck a deal with subscription digital music service Rhapsody.Though details of...
The United States accounts for four of the top 10 operators ranked by mobile data revenues in the second quarter, led by Verizon Wireless (VZ), which pulled in $5.8 billion, according to a new report from wireless analyst Chetan Sharma. A combined AT&T Mobility/T-Mobile...
Reuters | August 10, 2011 | Hyunjoo Jin, Mayumi Negishi
LG Electronics and Sony said on Thursday that they have resolved patent disputes between the two firms spanning smartphones, TVs and Blu-ray technology, with LG adding that they have signed a cross-licensing deal.
Read the full...
Sony Ericsson | July 27, 2011 | Press Release
Beijing, Wednesday 27th July 2011: Sony Ericsson today announced the opening of its global Research and Development (R&D) operation center in Beijing. The new center demonstrates Sony Ericsson’s expansion of its R&D capabilities and its commitment...
The world's largest network equipment maker reported a mixed bag in its second quarter earnings. While L.M. Ericsson's (ERIC) net profit was up 66% to $484.2 million for the quarter, the rise in revenue and profit was weaker than expected on Wall Street. Stock...
Ericsson | July 15, 2011 | Press Release
Highlights:
Supply chain constraints from the Japan earthquake significantly impact Q2 results
Smartphones account for more than 70 percent of total sales
Android-based Xperia(TM) volume up 150 percent year-on-year
The consolidated financial summary for Sony Ericsson Mobile Communications AB (Sony Ericsson)...
BBC News | July 15, 2011
The mobile phone maker said the quake last March had caused "supply chain constraints", which meant that about 1.5m phones were not ready for sale.
Read the full article here via BBC News
BBC News | July 15, 2011
The mobile phone maker said the quake last March had caused "supply chain constraints", which meant that about 1.5m phones were not ready for sale.
Read the full article here via BBC News
After two long years of negotiations with record companies, Spotify, a Swedish streaming music service, is finally launching today in the U.S. after hammering out deals with the big four labels of Universal, Sony, EMI and Warner Music to stream around 15 million tracks.
As...
After two long years of negotiations with record companies, Spotify, a Swedish streaming music service, is finally launching today in the U.S. after hammering out deals with the big four labels of Universal, Sony, EMI and Warner Music to stream around 15 million tracks.
Despite being hacked and having to pull its network down for around six weeks, affecting 77 million customers, Sony says it was “pleasantly surprised” by the results of the experience, claiming all its clients came back and that network performance was better than ever.
