Sony Ericsson to Cut Costs by EUR300 Million
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Tanya Palta Published on July 21, 2008 |
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 Sony Ericsson also recently posted their second quarter’s earnings and unlike LG, their profits have dipped. The company’s net profit fell to EUR6 million from EUR220 million a year prior and hence Sony Ericsson will now work on cutting costs by EUR300 million annually.
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