Tech content trusted by users in North America and around the world
7,254 Reviews & Articles | 52,653 News Posts

Sony says it will 'never ever sell or exit' the mobile industry

Sony reiterates its commitment to the mobile business, saying it will 'never sell or exit' from the mobile industry
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Jul 8, 2015 7:41 am

With Samsung losing steam, and HTC on the verge of collapse, we could see Sony become the new hero of Android. Sony Mobile President & CEO Hiroki Totoki has said that the company has no plans to sell of its mobile business, nor will it exit the mobile market anytime soon.




Totoki talked with Arabian Business recently, where he said: "Smartphones are completely connected to other devices, also connected to people's lives - deeply. And the opportunity for diversification is huge. We're heading to the IoT (Internet of Things) era and have to produce a number of new categories of products in this world, otherwise we could lose out on a very important business domain". He added: "In that sense we will never ever sell or exit from the current mobile business".


With the news of the Xperia Z5 to come out later this year, we could see Sony really turn around its mobile business and start dominating markets where Samsung is slipping.


Related Tags

Got an opinion on this news? Post a comment below!