Wednesday, September 17, 2014

Sony to focus on premium Xperia devices following smartphone struggles

Sony to focus on premium Xperia devices following smartphone struggles   It's bad news for Sony as the Japanese company continues to struggle with its smartphone business in the face of market dominance from Apple and Samsung.Following an internal review, the company's mobile division was hit with an "impairment" charge of $1.7bn and recast its forecasted loss for the year to a whopping $2.15 bn.One of the outcomes from this will be a shift in Sony's smartphone strategy, as the company puts more focus on the high-end handsets. Read more >