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Sony smiles as it at takes HTC's customers away

Sony continues to stumble, but sees growth in its smartphone business thanks to HTC's customers (NYSE:SNE, TPE:2498)
| Business, Financial & Legal News | Posted: Nov 1, 2013 8:33 am

Sony has been experiencing a recipe of disaster over the last few years, seeing its TV business all but bow to Samsung, its various movie flops, camera sales drop and its PC business not doing so well.

 

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But... it's smartphone business has seen a 39% increase in sales, thanks to consumers who would usually buy high-end HTC handsets scooping up Xperia handsets instead. Sony is seeing some great sales in its Xperia Z1, which is the only smartphone in Sony's arsenal that can even begin to compete with the mammoth sales of Samsung's Galaxy range of devices.

 

The next thing Sony has to do is break out into the lucrative US market, which is mainly dominated by Apple and Samsung right now. But, with BlackBerry all but done, HTC continuing to lose its grip, it might be high time that Sony makes its move.

NEWS SOURCES:Bgr.com

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