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Sony as a whole is profitable, but the mobile department has declined quarter on quarter. The company has delivered 6.5 million smart phones in 2018, compared with 13.5 million copies in 2017. In other words, shipments have been reduced by more than half.
Mobile business lost nearly 3.5 billion Swedish crowns in the last quarter of last year. The loss throughout the year is approximately 8.3 billion SEK. A month ago, Nikkei said that Sony plans to halve the number of smartphones by March 2020. According to the Xperia blog, Sony Mobile will leave several regions such as South America and the Middle East.
Sony Mobile has confirmed being released from a number of regions, including the Middle East, Central America and South America 🙁
– Blog Xperia (@XperiaBlog) April 26, 2019
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