Sony to open its first new smartphone factory in 20 years, selling off mobile business clearly not in the plans

Sony to open its first new smartphone factory in 20 years, selling off mobile business clearly not in the plans:

Despite being stuck with a small market share as it struggles to drive profits, Sony Mobile is adamant about fighting to stay alive in the business. Perhaps a little background is in order, so there you go — by the end of the company's first fiscal quarter, June 30, Sony Mobile suffered an operating loss of $188 million and revenue decline by 16.3%, caused by "significant decrease in smartphone unit sales", among other problems. Sony actually considered the option of selling its unprofitable mobile business, like it did with the VAIO line of laptops.



But, following the storm of "Sony Mobile ...