News

Sony to acquire Ericsson’s share of Sony Ericsson

• Sony Ericsson to become a wholly-owned subsidiary of Sony and integrated into Sony’s broad platform of network-connected consumer electronics products
• The transaction also provides Sony with a broad IP cross-licensing agreement and ownership of five essential patent families
• Ericsson to receive EUR 1.05 billion cash payment
• Sony and Ericsson to create wireless connectivity initiative to drive connectivity across multiple platforms 

Sony Corporation (“Sony”) and Telefonaktiebolaget LM Ericsson (“Ericsson”) today announced that Sony will acquire Ericsson’s 50 percent stake in Sony Ericsson Mobile Communications AB (“Sony Ericsson”), making the mobile handset business a wholly-owned subsidiary of Sony.

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Sony Ericsson Expands Footprint in Japan with Partnership with EMOBILE

• Sony Ericsson’s  mini line  introduced to support EMOBILE customers throughout Japan

LONDON – Sony Ericsson has brought its smallest Android smartphone to Japan as part of new partnership with EMOBILE, Japan’s fastest growing mobile broadband service operated by eAccess Ltd.  Executives from eAccess and Sony Ericsson gathered last week in Tokyo to debut Sony Ericsson’s Xperia™ mini line, now available to EMOBILE customers in Japan as the ‘Sony Ericsson mini’.

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Sony Ericsson reports third quarter 2011 results

Highlights:

• Income before taxes was Euro 31 million
• 33 percent increase in sales quarter-on-quarter
• Smartphones account for more than 80 percent of total sales

The consolidated financial summary for Sony Ericsson Mobile Communications AB (Sony Ericsson) for the third quarter ended September 30, 2011 is as follows:

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