Jump to content

Sony Preparing To Take Fully Control Of Sony Ericsson


Recommended Posts

The Wall Street Journal is reporting that Sony Corp., one of the parents companies of Sony Ericsson, is preparing to buy out Ericsson from the joint venture. Currently Sony Ericsson is the sixth largest mobile phone manufacturer in the world, but Sony are clearly unhappy with that position if they want to take over full control of the venture.

The report claims that Sony are looking to integrate the mobile phone division with its existing tablet, computer and hand-held gaming divisions. This would cut costs for the company as well as allow for better synergy between those different areas.

The deal to buy Ericsson out is apparently near completion according to the WSJ, but some obstacles remain. These include Ericsson’s mobile technology patents, which some estimates value at $1.7 billion. Even so the report is siding on the view that a deal will be reached.


Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.