Sony Completes Acquisition, Ericsson Goodbye

In 2001, Ericsson Mobile, a well-known European telecom company suffered a series of losses. It received Sony's capital injection to acquire 50% of its shares. Sony Ericsson was born, so we had the familiar green and small round logo and many Cost-effective and beautifully designed mobile phone products. On October 27, 2011, Sony announced that it will acquire the 50% stake in Ericsson for 1.05 billion euros. On February 16, 2012, the acquisition was finally completed. Since then, only Sony has no Ericsson.

Sony said that although Sony Ericsson was renamed Sony, its green logo will continue to be used. In the future, Sony will make smart phones the most important business and strengthen the integration with other electronic devices (including computers, tablets, televisions, etc.).

From the perspective of the international market, in fact, Sony's acquisition is reasonable. Prior to the birth of Sony Ericsson, both companies did not stand out as mobile phone makers, and even encountered problems, which led to cooperation. However, as smart phones have become popular all over the world in the past two years, Sony Ericsson's performance in the smart phone industry is just as impressive as it was when it was acquired 11 years ago. Sony's leading electronics industry is certainly not going to wait. All Sony Ericsson as its own ability to fully open hands and feet in accordance with their own plans to expand the market, I believe Sony's strength in the industry today, we can look forward to a brand new mobile phone came to us.