Sony to buy Ericsson’s share in Sony Ericsson?
By Ilinca Nita on 18 Mar 09There’s nothing official about this at the moment, but it’s said that Ericsson wants to put an end to the Sony Ericsson joint venture, leaving Sony to deal with the mobile phone industry by itself.
Manager-Magazin.de reports that Sony is really interested in buying Ericsson’s stake in the joint-venture (50%). However, given the global economic situation, the Japanese company could find it hard to come up with the money Ericsson may want.
It’s not clear yet what will happen with the SE brand in case Ericsson indeed leaves the joint-venture and sell its share to Sony.
But if all this will lead to better phones, I don’t think anyone would blame Ericsson for getting out of the business.
It’s widely known that Sony Ericsson has been losing market share and profits lately, so a major change may do well.
Now let’s wait and see if the change will leave Sony alone or not.
Via PhoneScoop
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