Sony Won't Make Money On Smartphones This Year

froggyboy604

Well-Known Member
Staff member
Manager
Full GL Member
Credits
23,473
Mature Board Viewing
Unlock full profile styling
TOKYO (Reuters) - Japan's Sony Corp warned it doesn't now expect to make money on smartphones this year, citing weak demand, as the consumer electronics maker said restructuring will still help it turn a profit on its TVs after 10 years of losses.

Read more
 
I think there are too many affordable smartphones made by other companies like Samsung, LG, Motorola, ZTE, and Hauwei who make phones which are good for texting, voice calls, internet browsing, and Apps, so fewer people will buy the more expensive Sony smartphones when there are cheaper phones which cost $60 or less, and do the same thing.
 
Back
Top