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Sales of handset arm lifts Sweden's Ericsson in QI

(AP) -- LM Ericsson, the world-leading wireless equipment maker in terms of market share, saw its first quarter profits more than double, largely on the back of proceeds made from the sale of its stake in handset maker Sony ...

Sweden's Ericsson says Q4 profits dropped

(AP) -- LM Ericsson, the world-leading wireless equipment maker in terms of market share, on Wednesday shocked the market by posting a much worse-than-expected fourth-quarterly result, mainly blaming operators for turning ...

Ericsson sells its Sony Ericsson stake to Sony

LM Ericsson and Sony Corp. announced Thursday they will go separate ways as Ericsson sells its 50 percent stake in mobile phone maker Sony Ericsson to Sony for euro1.05 billion ($1.46 billion).

Sony Ericsson profits down in 3rd quarter

Mobile phone maker Sony Ericsson posted a break-even third quarter Friday - blaming the drop in earnings on higher taxes and lower margins - and announced that it is shifting its entire portfolio to smartphones next year.

Motorola buy a blow to Google's Android partners

Google's Android partners welcomed the Internet giant's $12.5 billion purchase of Motorola Mobility on Monday but the move may force the handset makers to rethink their strategies, analysts said.

Sony to restore Qriocity Thursday, except in Japan

Sony said it would restore all Qriocity online music and video distribution services Thursday everywhere except Japan, after shutting it and its PlayStation Network down in April due to hacker attacks.

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Sony Ericsson

Sony Ericsson is a joint venture established on October 1, 2001 by the Japanese consumer electronics company Sony Corporation and the Swedish telecommunications company Ericsson to make mobile phones. The stated reason for this venture is to combine Sony's consumer electronics expertise with Ericsson's technological leadership in the communications sector. Both companies have stopped making their own mobile phones.

The company's global management is based in Hammersmith, London, and it has research & development teams in Sweden, Japan, China, Germany, the United States, India, Pakistan and the United Kingdom. By 2008, it was the fifth-largest mobile phone manufacturer in the world after Nokia, Samsung, LG and Motorola. The sales of products largely increased due to the launch of the Walkman and Cyber-shot series.

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