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Sony to sell mobile division

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sony_xperia_l_3-copyAgainst the background of a struggling mobile division, the companies executives are now considering options like selling or a joint venture.

Reuters reports that Sony has not gangrened any profits from its TV and mobile hardware businesses and Japanese tech giant is facing a $1.9 billion loss for the fiscal year that ends in March

So far there are no pending deals for Sony Mobile.

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“Sony can exit businesses,” sources tell Reuters.

Sony’s CEO Kazuo Hirai acknowledged that “mobile and TV businesses both require a drastic overhaul.”

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Sony will release its  flagship smartphone during the upcoming MWC in Barcelona.

Sony Xperia Z4 will allegedly be available in FHD and QHD guise.

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Susan Mwenesi
Susan Mwenesi
Interested in business, technology and all things startups in Africa!

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