SE Mobile Games: Ericsson Will remain in Joint Venture With Sony

Thursday, March 26, 2009

Ericsson Will remain in Joint Venture With Sony

Now we get some official stance from the Ericsson official on the rumors of Sony ericsson joint venture cancelation. It seems that Ericsson has had a change of heart. After we reported that the company was considering a divorce from Sony ending the Sony Ericsson partnership, the Swedish cellphone manufacturer announced today that it has no plans for a separation from their Japanese counterpart.

Ericsson spokesperson Minako Nakatsuma Olofzon had told the Dow Jones Newswires of its commitment to the partnership. Friday was not a great day for Ericsson shares, a result following Sony Ericsson’s warning that investors should expect a weak first quarter. Read More Ericsson Will remain in Joint Venture With Sony

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