Sony may sell Mobile Business or go for JV to revive Mobile Biz
As reported by Reuters, Sony may consider selling Mobile Division or may go for JV to revive sales of Mobile Business. Though Sony has seen Sine curve in Biz for the last few years. First VAIO was in deep trouble though one of the premium Laptops and sold at high prices as compared to other Brands.
Sony Corp CEO Kazuo Hirai told reporters ” Electronics in general, along with entertainment and finance, will continue to be an important business “. Sony has been making profits mainly from Playstation and Music.
In the last few years, Even Sony has reduced the pay scale in India specially for Mobile Division. This is nothing new in Telecom Industry. Major Giants like Siemens, Ericsson, Nokia faced the same issues in past. Sony has always focused on High End Mobiles whether it was Sony Ericssion or