Struggling Sony Ericsson plans to cut another 2,000 jobs after shipments and market share dipped during the first quarter.The announcement comes a day after number-one phone maker Nokia reported a 27 percent drop in sales but offered a glimmer of hope with expectations that next-quarter sales will be about the same or even slightly up compared to the first quarter. A market improvement may not come fast enough for Sony Ericsson. It has already cut 2,000 workers after announcing it would late last year and now plans to cut as many more. Unit shipments for the first quarter dropped 35 percent compared to the same period last year. Sony Ericsson also lost two percentage points of market share compared to the previous quarter, now holding on to 6 percent of the market. The company blamed continued weak customer confidence and de-stocking, where retailers and distributors clear out existing stock rather than order more, for its poor financial results. A few recent high-level executive departures and persistent rumors about the future of the joint venture point to potential internal trouble at the company. Mats Lindoff, who had been CTO for six years, recently left the company, as did the head of Sony Ericsson's North America business. Amid these challenges are rumors that Ericsson would like to exit the joint venture, leaving the company to be wholly owned by Sony. In response to the rumors, Ericsson has said that it is committed to the joint venture while Sony has declined to comment on the reports. Like the other mobile-phone companies, Sony Ericsson is battling the ailing economy as well as new competitors, such as the iPhone. Sony Ericsson's touch-screen Xperia, hyped as an iPhone competitor, does not appear to be significantly boosting sales for the company.
Most Popular Reviews
- 1 Sony Xperia Z5 Premium review: Is the world ready for a 4K phone?
- 2 Mazda MX-5 (2016) review: Absolute driving purity
- 3 Sony 75-inch UHD TV (X9400C) review: Sony and Android are a winning duo
- 4 LG 55EG960T OLED UHD TV
- 5 Panasonic Viera UHD TV review: good hardware, fragmented software
Best Deals on Good Gear Guide
Latest News Articles
- SAP slaps patch on leaky factory software
- Paul McCartney gives Skype some silly love songs
- Microsoft fixes 36 flaws in IE, Edge, Office, Windows, .NET Framework
- Facebook has just 60 days to change its terms and conditions for French users
- Coming to HP's consumer laptops: Smoother video with AMD's FreeSync
GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.
The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.
The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.
My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.
- FTDigital Marketing Specialist | Media BuyerNSW
- CCIT Service Deliver & Improvement ManagerACT
- CCBusiness AnalystACT
- CCUX DesignerNSW
- CCTest ManagerQLD
- CCAngularJS DeveloperNSW
- FTProject Coordinator - My Learning Space (Oracle iLearning)NSW
- FTSystems Administrator/Engineer | $60-90K package | ChatswoodNSW
- CCSenior Agile Business AnalystVIC
- CCContract Programmer (Crystal Reports/JAVA/SQL) 160129/P/vhs-cAsia
- CCPython Web Developer - DevOPS EnvironmentVIC
- CCSenior Visual DesignerNSW
- CCProgrammer/Analyst Programmer (JAVA/Moblie) 160115/AP/P/vhaAsia
- FTBusiness Intelligence AnalystVIC
- CCOracle Developer - 3 month contractSA
- FTJunior Developer | C#, MVC & SQL | Class FinanceNSW
- CCSenior Information Security SpecialistNSW
- CCContract System Analyst (MSSQL/.Net/Mobile App) 160122/SA/vhaAsia
- CCEnterprise Systems Infrastructure SpecialistNSW
- FTLogistics Systems ManagerNSW
- CCSAP HR Functional ConsultantNSW
- FTProject Manager | SharePoint, Office 365 SkillsVIC
- CCInformation Security ManagerNSW
- CCTechnical Business Analyst (Telecommunications) / Melb CBDVIC
- CCFront End DeveloperVIC