The Sony Mobile department’s news recently merged with the company’s other TV, audio, and camera divisions in Sony Electronics Products and Solutions. Now, the Nikkei Asain Review says that the organization may be cutting down the workforce in its telephone division by using almost 1/2 of its contemporary team of workers, 4000, with the aid of March 2020. Stiff international competition and shrinking income are being blamed for the layoffs. Moreover, in line with the record, Sony’s marketplace share inside the cellphone marketplace has sharply fallen from more than 3 percent in 2010 to lower than one percent currently.
“In economic 2014, Sony pulled 1,000 employees from its smartphone operations, but sales have plunged faster than predicted, necessitating further cuts. Sony’s cellphone commercial enterprise generates about 500 billion yen annual revenue but is expected to submit a working loss for the 1/3 direct year through fiscal 2019. By halving operating prices from monetary 2017, the business enterprise hopes the commercial enterprise will turn an income through economic 2020,” the record reads. Some of the company’s Japanese personnel are transferred to different divisions, but voluntary retirement might be presented to its employees in European and Chinese operations.
The enterprise is said to restrict its smartphone sales in Southeast Asia and other regions to the cognizance of Europe and East Asia. Speaking of Sony’s smartphones, the company last introduced its flagship Xperia X1 at this year’s Mobile World Congress other display. The new cellphone sports a 4K HDR OLED display that is remarkably tall at a 21:9 aspect ratio. The Xperia 10 and 10 Plus mid-variety devices with a 21:9 display element ratio were also announced alongside the flagship. Additionally, inside the budget segment, the organization showcased its Xperia L3 phone, which has a well-known 18:9 display factor ratio and dual rear cameras. You can read more about these phones right here.