Sony Ericsson: What's next ?
According to Reuters, Sony Ericsson is talking to India handset-make Spice Mobile about a possible merge. The value of India company would be something up to US$174 million.
"They want to acquire a majority stake, but it has not yet been finalised if it will be a 100 percent buyout," the Economic Times cited the source as saying.
It would be a nice step for SE if Spice could provide technology and the scalability for selling low-end devices, which has never been a priority for SE. The company, a joint venture between Japanese electronics maker Sony, and Swedish telecoms equipment maker Ericsson has lost the fourth position in sales for LG and some analysts are calling it the next Motorola
"They want to acquire a majority stake, but it has not yet been finalised if it will be a 100 percent buyout," the Economic Times cited the source as saying.
It would be a nice step for SE if Spice could provide technology and the scalability for selling low-end devices, which has never been a priority for SE. The company, a joint venture between Japanese electronics maker Sony, and Swedish telecoms equipment maker Ericsson has lost the fourth position in sales for LG and some analysts are calling it the next Motorola
Labels: sony ericsson, Spice Mobile
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