The head of Sony Mobile told French daily newspaper Le Figaro that
the division is not being sold, only two weeks after Sony Corp Chief
Executive Kazuo Hirai said he would not rule out considering an exit
strategy. "At the beginning of February there was speculation
about a sale of Sony Mobile," division head Hiroki Totoki was quoted as
saying by the newspaper in an interview published on its website late on
Monday. "It's completely untrue."
Totoki said that Sony Corp CEO
Hirai had come to Barcelona, where the Mobile World Congress is taking
place this week, to speak about "the importance of this business for
Sony". Totoki also told Le Figaro that Sony Mobile's portfolio of
products is too diverse and needs to be refocused. He said the company
would slow the rhythm of new product launches to adapt to consumers who
now keep their phones longer than they have done in the past.
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