Tech

Sony Ericsson makes surprise Q2 loss

STOCKHOLM (Reuters) – The mobile phone manufacturer Sony Ericsson announced a deficit in the second quarter on Friday, blamed on the consequences of the earthquake in Japan.

The subsidiary of Sweden’s Ericsson and Japan’s Sony shows a taxable loss of 42 million euros for a turnover of 1.2 billion.

Analysts polled by Reuters expected a taxable income of 4.9 million euros for a turnover of 1.3 billion.

In its statement, the Swedish-Japanese supplier claims to have shipped 7.6 million handsets during the quarter and totaled nearly $ 1.5 million combined impact of problems in the supply chain associated with the earthquake of March 11 .

South Korea’s Samsung Electronics and Taiwan’s HTC should be the big winners of the global market for cell phones in the second quarter thanks to steady demand for their smartphones running Google software.

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