Sony will also cut down phone models for sake of profit
Following Samsung’s move, Sony has also announced it’s desire to reduce the size of it’s mobile phone portfolio by next year.
New head of mobile division, Hiroki Totoki says that the company is looking towards trimming the number of differnt models it produces as Sony is “not aiming for size or market share but better profits,” Totoki, who was appointed president of Sony Mobile earlier this month said.
Early forecasts show that Sony will have about $2.1 billion in red ink when their 2014 fiscal year comes to an end, something the Japanese tech company doesn’t want to happen repeat next year.
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