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Thursday, October 27, 2011

Sony takes full control of Sony Ericsson for $1.45 billion

Sony has decided to step up its efforts to better compete with the likes of Apple, Samsung, and HTC in the smartphone market by taking full control of its own mobile hardware division. The Sony Ericsson partnership has now become a wholly-owned subsidiary of Sony who has bought out Ericsson‘s 50% share for $1.45 billion. [...]


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