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.

“Sony can exit businesses,” sources tell Reuters.

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

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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