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Sony Ericsson

Sony Ericsson appoints US head

Sony Ericsson has appointed Anderson Teixeira as president of Sony Ericsson US and head of the region North America, effective 1 June, reports Telecompaper. Teixeira is currently head of region Western Europe.

Sony Ericsson to cut 2,000 more jobs on huge loss

Sony Ericsson is to cut a further 2,000 jobs off the back of a first-quarter pretax loss of EUR358 million. The new round of layoffs – which follows 2,000 previously announced cuts as part of another savings drive, now completed – was not expected by the market, although its widened first-quarter pretax loss was in the range of a warning issued last month.

Sony Ericsson waits on Android

Reuters notes that Sony Ericsson will take some time developing a phone using Google’s Android operating system, and the joint venture has declined to say when such a handset would be available.

Ericsson sees profit slip on JVs, remains positive

Ericsson today reported a 35 percent fall in first-quarter net profit – due to weak results at its joint ventures Sony Ericsson and ST-Ericsson, as well as its own restructuring charges – but said the global economic downturn has so far had minimal effect on its core operation.

Reports: Mobile sales in record decline

The global financial crisis sapped demand in the handset market during the first-quarter of this year, with shipments estimated to have fallen by up to almost 16 percent from the year earlier period.

Report: Owners may need to rescue Sony Ericsson

Sony and Ericsson are reportedly preparing for the possibility of having to secure new financing at their struggling handset joint venture, with analysts speculating each could have to make a capital injection of EUR500 million before the end of the year.

Sony Ericsson will likely seek over EUR100M

Japan’s Sony has confirmed recent speculation that it may need to sink investment into Sony Ericsson during its current financial year to prop up the loss-making handset joint-venture.

Gartner: Handset sales down, smartphones rise

The latest figures from Gartner reveal that worldwide mobile phone sales totalled 269.1 million units in the first quarter of 2009, a 9.4 percent decline over the year-earlier period and the largest quarter-on-quarter contraction since Gartner began monitoring the market on a quarterly basis in 2001.

Sony Ericsson moves closer to Android launch

Cellular News, citing a Digitimes report, notes that Sony Ericsson is closer to launching a smartphone running the Google-backed Android operating system.

SE aims to revive fortunes via new feature phones

Loss-making handset vendor Sony Ericsson has unveiled three new feature phones that will launch later this year in time for the key holiday sales season.