Friday, July 18, 2008

Sony Ericsson suffers big 2nd quarter loss

Sony Ericsson, in light of its second quarter $3.1 million operating loss, has cut 2,000 jobs. The company is also expecting a bad third quarter. Sony Ericsson has fallen to fifth place worldwide among handset phone markets, following Nokia, Samsung, Motorola, and LG Electronics.

It is unknown what this situation might mean for the relationship between Sony Ericsson and the WTA Tour.

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