Tag Archives: Sony open to selling its phone division – details

Sony open to all options including selling its mobile phone division

“Reuters.com reports, via unnamed sources, that whilst no such deals are on the table “every division of Sony now needs to understand that Sony can exit businesses”. Sony did make the decision in 2014 to sell off its VAIO PC division and spun off its TV business.

The new report claims Sony is now open to some options with its mobile phone division, including possibly selling it off or launching a joint venture with another company.The news comes a few months after Sony announced a plan to restructure its phone business with 1,000 job cuts.”

This just shows that despite all the jaw dropping hardware, IP58 water resistance phones and tablets that things are really tough at there. I do not think Sony are alone, even Samsung and HTC are feeling the squeeze.