The company will instead shift its focus on the European and East Asia markets.
A report by Android Central showed that Sony is having another disappointing quarter, where shipments for their mobile devices are again expected to decline. With this, the company is looking to reduce costs by laying off about 2,000 workers in its mobile division by next year.
Most of the affected employees are located in Japan, Europe, and Chine where they will be offered to be transferred to another division or be offered voluntary retirement. Sony is also focusing its mobile business in Europe and East Asia, where it is still earning some money.
Android Central says that Sony only generated only $4 million in revenue for its smartphone business, despite launching new models earlier this year during Mobile World Congress. This confirms that Sony is now operating at a loss for the third year – which makes things look even bleaker.
Rising competitors like Huawei along with prominent players like Apple and Samsung continue to hold their round, though it looks like Sony isn’t keen on competing anymore and instead would just want to focus on other markets where their devices can still earn a profit.
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