INTERVIEW: Sony Ericsson Chief Sees Slower Growth
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Japanese-Swedish mobile phone maker Sony Ericsson said on Tuesday it expects slower growth in the global handset market next year.
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World number four mobile phone maker  Sony Ericsson plans further to develop its PlayNow service,  currently used for downloading ringtones, a spokesman for the  Japanese-Swedish group said on Wednesday.
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Analysts at IDC predict annual growth in mobile phone sales will drop below 10 percent this year, casting doubt on Nokia's more upbeat outlook for 2008.
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Swedish telecommunication equipment maker Ericsson on Friday reported a gain in second quarter net earnings but its sales performance fell short of market expectations.
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Sony Ericsson Mobile Communications Ltd., the mobile-phone venture owned by Sony Corp. and Ericsson AB, said third-quarter profit rose 45 percent on camera phone demand and forecast this quarter will be its ``strongest.
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(InfoWorld) - Sony Ericsson Mobile Communications AB has selected Hideki Komiyama to succeed Miles Flint as CEO of the Japanese-Swedish joint venture, the company said Tuesday. Komiyama will take over the helm of the mobile phone manufacturer on Nov. 1. He is currently a chairman of the board of Sony Electronics Inc. and executive vice president of electronics marketing and sales strategies at Sony Corp. Flint, who has been with Sony for nearly 17 years, has served as CEO of Sony Ericsson since June 2004. He will remain an executive advisor to Komiyama until the end of the year. Under Flint, Sony Ericsson introduced the Walkman music phone and the Cybershot camera phones, which helped the company establish a position in the market for high-end handsets. The company said Flint is leaving to pursue new personal and business opportunities. Sony Ericsson is the world's fourth-largest maker of mobile phones, after Finland's Nokia Corp., South Korea's Samsung Electronics Co. Ltd. and Motorola Inc. of the U.S.
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Ericsson , the world's biggest mobile network maker, reported softer second-quarter earnings than expected on Friday, posting flat sales in its key European market and disappointing the market in its multimedia drive.
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(InfoWorld) - Telefonaktiebolaget LM Ericsson will restructure and hire 500 more engineers to better meet demand for multimedia products and services, Ericsson's chief executive officer said Friday. Starting in 2007, Ericsson will reorganize into three units: networks, global services, and multimedia. The new engineers will primarily work in the multimedia group, and the bulk of them will be based in Sweden. The new group will help Ericsson better understand what types of multimedia services might become popular and how demands might vary, said Carl-Henric Svanberg, president and chief executive officer. "We and operators are still on a learning curve. When it comes to voice it's very easy," he said. "But with multimedia, what does a 13-year-old in Germany want and does an American 13-year-old feel the same? And that's much different than an adult in China." The new group will also aim to better leverage the company's relationship with Sony and with theirÂ mobile phone joint ventureÂ Sony Ericsson Mobile Communications. "When it comes to multimedia, we have exciting assets in Sony Ericsson and at Sony. We just haven't put it together and it's been embedded further down in the organization," he said. Svanberg offered an example of how Sony and Ericsson products might grow increasingly complementary. Currently, users of Sony Ericsson Cyber-shot camera-phones can send photographs to an online blog. Soon, standalone Cyber-shot cameras are also likely to include connectivity so that users can send photos to a blog, he said. Because Ericsson supplies wireless network infrastructure and develops some chips for mobile devices, that type of product and application could be created through an alliance between Sony and Ericsson. The new networks group, which combines several existing network equipment groups, will have a renewed focus on converged networks that will help support some of the emerging multimedia services in the home. "In the perfect world we will have a converged network where you won't know if you're speaking on a mobile or a fixed network," Svanberg said. Similarly, a user could be watching TV at home, pick up a mobile phone to watch the same program while moving around the house and then continue watching while moving to an outside location. Such a service would operate over connected wireless and wireline networks. The third new business unit, global services, combines Ericsson's existing professional services and network rollout groups and will focus on services for operator customers. Ericsson acquiredÂ most of U.K. telecommunications equipment vendor Marconi late last year and is in the process of laying off 1,600 people as it digests the new company. That acquisition is part of a recent wave of consolidation in the competitive network equipment market, including theÂ merger of Lucent Technologies and AlcatelÂ and theÂ combination of Nokia's and Siemens' networks groups.
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A year ago, Sony was recovering. Now it is on the warpath, says its CEO.
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Mobile phone maker Sony Ericsson is  set to report a drop in fourth-quarter earnings on Wednesday as  its focus on lower-priced phones puts pressure on margins,  analysts say.
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Sony Corp.'s  $100 price  cut for the PlayStation 3 is not enough to turn the fortunes of  the game console, which has suffered a slow start, an executive  of game software maker Konami Corp.  said.
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Swedish cell phone maker&#39;s stock tumbles on concerns over orders and the outlook for next year. STOCKHOLM  - Ericsson, the world&#39;s biggest maker of mobile phone networks, reported a sharp rise in
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Walkman phones prove leader of the pack Sony Ericsson saw its profits jump 55 per cent year-on-year in its results for the second quarter of 2007.â¦
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TOKYO -- Sony Ericsson, the world's fourth-largest mobile phone maker, said Thursday its net profit rose 54 percent in the quarter ended June 30, as it expanded its market share with low and mid-range phones.
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Ericsson , the world's largest supplier of equipment for mobile phone networks, reported fourth-quarter pre-tax earnings below expectations on Friday and reduced its 2007 market growth forecast.
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InfoWorld - Sony Ericsson Mobile Communications plans to make an announcement Wednesday about its strategy for the UIQ interface that runs on the Symbian mobile phone operating system, Sony Ericsson President Miles Flint said Sunday at a news briefing on the eve of the 3GSM World Congress in Barcelona.
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Sony Ericsson has recently been trailing behind competitors Nokia, Samsung, and Motorola in sales, but with Motorola's recent announcement of mobile business restructuring, its co-parent Ericsson is considering an uncharacteristic move.