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  • Sony buys Sony Ericsson o_O

    Ankita Katdare

    Administrator

    Updated: Oct 25, 2024
    Views: 1.1K
    In news today, Sony has bought Sony Ericsson from Swedish telecoms equipment maker Ericsson to now have gained full access over Sony Ericsson.


    Sony will buy 50% of the firm for 1.1bn euros ($1.5bn; £964m), making the mobile handset business a wholly-owned subsidiary of Sony. Ericsson said that the "synergies" between telecoms equipment and mobile phones were decreasing.
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