Friday, August 30, 2002
Ericsson to re-evaluate Sony Ericsson venture
Posted by Andy Sjostrom in "NEWS" @ 02:28 AM
http://www.quicken.com/small_business/news/index-article.dcg?story=/news/stories/dj/20020830/on20020830000005.htm&department=0
According to this Quicken.com article, which in turn quotes a Wall Street Journal article, Ericsson warns that they are taking a hard look at the underperforming Sony Ericsson venture: "Kurt Hellstroem, chief executive of Telefon AB L.M. Ericsson, warned that he won't continue pouring money into a high-profile mobile-phone joint venture with Sony Corp. unless its products quickly catch on, The Wall Street Journal reported Friday. ... Within the "next couple of quarters," he said in an interview, "we must see real acceptance" of the handsets that Sony Ericsson Mobile Communications is about to launch. Otherwise, he said, Ericsson won't "throw money" at the loss-making venture, formed just a year ago."
I have an idea that would make Kurt Hellstroem a happy fellow. Send the overview specs to the Asians. Let them build the hardware, make it smart with innovative Microsoft software and sex it up with your brand name. Reduced risks, no bound capital in warehouses, lower R&D costs and higher margins. If I just knew how to reach him...
According to this Quicken.com article, which in turn quotes a Wall Street Journal article, Ericsson warns that they are taking a hard look at the underperforming Sony Ericsson venture: "Kurt Hellstroem, chief executive of Telefon AB L.M. Ericsson, warned that he won't continue pouring money into a high-profile mobile-phone joint venture with Sony Corp. unless its products quickly catch on, The Wall Street Journal reported Friday. ... Within the "next couple of quarters," he said in an interview, "we must see real acceptance" of the handsets that Sony Ericsson Mobile Communications is about to launch. Otherwise, he said, Ericsson won't "throw money" at the loss-making venture, formed just a year ago."
I have an idea that would make Kurt Hellstroem a happy fellow. Send the overview specs to the Asians. Let them build the hardware, make it smart with innovative Microsoft software and sex it up with your brand name. Reduced risks, no bound capital in warehouses, lower R&D costs and higher margins. If I just knew how to reach him...
