[Reuters] Sony buys Ericsson out of mobile phone venture

Posted by: UGN Security

[Reuters] Sony buys Ericsson out of mobile phone venture - 10/27/11 06:02 AM

LONDON (Reuters) - Sony Corp is taking over the Sony Ericsson mobile phone joint venture for 1.05 billion euros ($1.45 billion) as it seeks to catch up with smartphone and tablet makers such as Apple and Samsung.