After battling losses in its Xperia mobile business arm for the past few quarters, Sony is now reportedly willing to consider exiting the smartphone business completely according to a new report published by Reuters. Last year the company decided to shift focus to high-end and minimize its mid-range portfolio in future to maximize profits at the cost of volumes. While it isn’t confirmed yet that Sony will indeed sell its handset business soon, the chances of the division’s survival aren’t too high.
Sony considering to exit smartphone market
Posted on Thursday, January 15 2015 @ 15:48 CET by Thomas De Maesschalck