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]