CFW Welcomes Sony's Integrated Move

Japanese electronics manufacturer Sony has announced it will acquire Ericsson's 50% share of joint venture Sony Ericsson for US$1.5bn. The move was widely expected, allowing the Swedish equipment manufacturer to focus on networks, while Sony will integrate devices made by the subsidiary into its wider portfolio of devices. The strategy fits with wider market trends of converged multi-screen devices and CFW believes it will benefit both companies' performance.

To read the full article, please choose one of the following options: