- Sweden edition
- Change edition:
- France |
- Germany |
- Norway |
- Switzerland
February 14, 2012
Sony Ericsson divorce imminent: report
Published: 18 Mar 09 15:34 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/18294/20090318/
Swedish mobile equipment maker Ericsson may soon be pulling out of its mobile handset partnership with Japanese electronics giant Sony, according to media reports.
- Ericsson shares nosedive on weak report (25 Jan 12)
- Ericsson and ZTE settle patent dispute (21 Jan 12)
- Sony Ericsson ends 2011 with massive loss (19 Jan 12)
According to the magazine, Sony is currently negotiating with banks to secure financing for the takeover, a task complicated by the recent economic downturn.
Rumours about an eventual split between Sony and Ericsson have surfaced before.
Back in August Sony chairman Howard Stringer told German newspaper Die Welt that his company was in ongoing discussions with Ericsson about making Sony Ericsson more successful, but refused to answer directly when asked whether or not the handset venture would exist in three years.
“We’ve had a hard year, but it’s not easy to buy out a partner,” he told Die Welt.
“We need to once again cooperate like we did two years ago or our joint company find its own solution.”
But as recently as one month ago at the World Mobile Congress, Ericsson CEO Carl-Henric Svanberg affirmed his company’s long term commitment to Sony Ericsson.
“It’s been great so far and we appreciate our relationship both with Sony and Sony Ericsson,” he told the Financial Times (FT) newspaper.
Ericsson spokesperson Jana Mancova refused to comment on the report to the Dagens Industri, instead refering to Svanberg’s earlier statements.
Sony Ericsson was created in 2001 as a joint venture between Sony and Ericsson. In the fourth quarter of 2008, the company reported record losses of more than 2 billion kronor ($239 million).
Fark It!
Digg This
Share everywhere
Send to a friend
Printable version
Twitter ThisEU to probe Sweden's 'economic imbalance'
Sweden is among twelve countries set to be discussed in a report from the EU commission, due to what the European Commission has identified as imbalances in the economy. READ (7 COMMENTS) »
House prices in Sweden begin upward climb
After observing a slight rise in real estate prices after the first month of 2012, Swedish realtors are hoping that this may be the beginning of a positive trend after last year's plummeting prices. READ »
Swedish recruiters check jobseekers on the net
40 percent of recruiters are checking potential employee’s social networking pages during the hiring process, a figure which has shot up from last year, according to a recent report. READ (3 COMMENTS) »
Narcolepsy victims in new compensation bid
Families of children in Sweden suffering from narcolepsy caused by vaccination for the swine flu can expect some form of compensation, Swedish health minister Göran Hägglund said on Sunday in response to new calls for help from parents. READ (1 COMMENT) »
Saab shares dive despite strong 2011 report
Swedish defence group Saab on Friday reported a major boost in earnings for 2011 thanks to winning several major contracts, but a drop in orders left investors jittery, sending Saab's stock price down nearly 10 percent. READ (3 COMMENTS) »
Mats Sundin in massive kid's health research gift
Mats Sundin, the ex-Swedish hockey great, has made a donation supporting research into children's health at Karolinska Institutet in Stockholm and the University of Toronto. READ (5 COMMENTS) »
H&M under fire over Cambodia mass faintings
H&M has been criticized for choosing not to attend a hearing to highlight poor conditions for textile workers in Cambodia, where hundreds of employees at a plant run by the Swedish fashion giant mysteriously passed out in August. READ (6 COMMENTS) »
SAS earnings hit by Spanair bankruptcy
The bankruptcy of Spanair pulled SAS into the red for 2011, despite improved operating profits, the Scandinavian airline reported on Wednesday. READ (2 COMMENTS) »
Saab to cut Swiss Gripen fighter price: report
Swedish defence group Saab have announced that it will cut the price on its Gripen fighter jet to secure its Swiss order after a threat by French planemaker Dassault to undercut them. READ (6 COMMENTS) »
Few Swedes ready to work until they're 75: poll
An overwhelming majority of Swedes disagree with Swedish prime minister Fredrik Reinfeldt's suggestion that workers should be ready to stay on the job until they are 75, a new poll shows. READ (34 COMMENTS) »
- 07/02 US ISPs block hacker probes: Swedish police (5 comments) »
- 06/02 Kinnevik in bid to buy up publisher Metro (2 comments) »
- 06/02 Fire brigade slammed for 'renting out' rooms (2 comments) »
- 03/02 New bidder in the Saab saga shows its hand (8 comments) »
- 03/02 Volvo group announces record sales for 2011 »
- 03/02 TeliaSonera reports profit drop for 2011 »
- 02/02 Electrolux profits plunge amid weak demand »
- 02/02 AstraZeneca job cuts hit Södertälje hard (8 comments) »
- 02/02 Europe's banks set for years of 'shrinkage': Borg (2 comments) »
- 01/02 'Underclass-safari' post lands official in trouble (1 comment) »
20 things to know before moving to Sweden
As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »
How far can English take you in Sweden?
Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »
| 14/02 | Business oriented Legal Counsel to Klarna Klarna AB |
Stockholm |
| 14/02 | Quality Manager Volvo information Technology AB |
Göteborg |
| 14/02 | Software Engineer (.NET) - Limited Contract Monster |
Prague |
| 14/02 | Build Master Volvo information Technology AB |
Göteborg |
| 14/02 | YOUNG TALENT PROGRAM - AUTOMATION ENGINEER FOOD PROCESSING Tetra Pak |
Lund |
| 14/02 | Key Account Manager Food Borregaard |
Sarpsborg |
| 14/02 | System developer within Q&A (Java och C) in Mid Sweden Qwork AB |
Karlstad |
| 14/02 | Regulatory Affairs Associate Poolia AB |
Göteborg |
| 14/02 | IT Development Graduates Danske Bank |
Copenhagen |
| 14/02 | Channel Marketing Campaign Manager/Specialist - B2B SAP |
Stockholm |
- 14/02 Investor confidence tops 10-month high »
- 14/02 OECD sees German growth slowing in 2012 »
- 13/02 Deutsche Bank 'to pay €800 mln' in Kirch case »
- 13/02 Greece leaving the euro not so scary - Germans »
- 10/02 Berlin defies EU over copyright deal »
- 10/02 Germans don't trust Greece to tighten belt »
- 09/02 Tourists flock to Germany in 2011 »
- 09/02 Daimler books record €6-billion profit »
- 08/02 Exports top €1 trillion despite euro crisis »
- 08/02 GM threatens major job cuts at Opel »
- 13/02 Looking for a long term appartment
- 13/02 Babysitter
- 13/02 flat or room available
- 13/02 Party Photographer
- 13/02 Apartment Near Arlanda
- 13/02 Apartment Needed Immediately
- 22:56 Should I ask her on a date or not?
- 22:52 SFI - personal number loop...
- 22:45 E-Mail replies from Swedish Businesses
- 22:40 Driving on Autobahn
- 22:13 Where do you live?
- 22:13 Big Fat Gypsy weddings
- 19:17 Upper abdominal pain
- 18:20 Need to replace windows
- 18:05 Women drivers & safety
- 16:58 Volunteering in Sweden
Therapy in English in Stockholm Trained in California Individuals & Couples (08) 93 81 48 FREE phone consultation
Visit anxiousorblue.se
The new Online Tennis Store with the largest selection of Babolat Products in Sweden
http://www.babolatshop.se
Turning Point Counselling centre offers the international community of Stockholm a safe space for personal development, counselling and coaching.
http://www.turning-point.se/show.asp
Swedish Down Town PR Consulting and Productions is an innovative business company which provides valuable assistance with Public Relations and Communications in the swedish and the international market.
www.swedishdowntown.com
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS
British-Australian Male Counsellor. Counselling Therapy for Depression, Mental Health, Sex, Relationship & Expat Issues
08-559 22 636 or CLICK HERE
Individuals & Couples - Stockholm Beth Rogerson PhD - Clinical, Marriage & Family Therapist
Click or call 08-5580 1266 now
