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Layoffs, product cancellations, and poor sales have all been hitting Sony Ericsson hard lately. Sony Chief Financial Officer Nobuyuki Oneda stated last week that they would have to come up with $135.5 million by next march, either through bank loans, parent company injections, or some other source, before next March to keep things running. There was already talk about Sony swallowing up Ericsson’s share, which is increasingly becoming a possibility as the joint venture continues to slide. The Idou and its 12 megapixel camera look nice, and could be enough to keep SE afloat for awhile, but it’s still looking like a rough road ahead.
[via Reuters]
About The Author
Simon Sage
Simon Sage’s education largely surrounded writing, technology and online community, leading him to begin his blogging career at www.BlackBerryCool.com and to quickly discover a vibrant and active community surrounding BlackBerry and mobile technology. In exploring RIM’s platform, he has learned what enterprises are looking for in mobility as well as what makes the innocuous BlackBerry so appealing to them. Recently Simon’s been covering RIM’s gradual move into an already-crowded consumer market, and the impact of burgeoning challengers, such as the iPhone, as well as long-time leaders, like Nokia, on BlackBerry’s advancement. With plenty of content under his belt, Simon will be branching off a bit to see what other smartphone manufacturers are working on while still using BlackBerry as a barometer. At IntoMobile, you can count on his posts being even-handed, well-informed and thought-out.
