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Sony Ericsson relationship in question?

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Recently, Sony Ericsson announced a quarterly loss for Q2 of 2008 which also brought down the profits at one of its parents Sony. Today, the CEO of Sony Corporation, Howard Stringer, stated in an interview with a German online magazine Welt Online that Sony was reviewing the future of this joint venture. He felt that SE needed to be nimble but it was difficult to do that in a joint venture. He had also thought of buying out Ericsson but it was not an easy thing to do. According to Mr. Stringer, the partners need to work together as they have done in past otherwise SE will have to make its own future. So, what is the future for SE? Will it be spun off or acquired by one of the partners? We will have to wait and see what Mr. Stringer decides.

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Written by dvdand

August 28, 2008 at 6:00 pm

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