Cell phone maker Sony Ericsson moves N. America headquarters, shuts sites in consolidation
Mobile phone maker Sony Ericsson’s loss widens in 3Q, but announces new financing
Sony Ericsson 3Q loss widens; gets new financing
STOCKHOLM — Mobile phone maker Sony Ericsson on Friday said its losses widened to €164 million ($245 million) in the third quarter, mainly due to plunging sales, but reassured the market by announcing it had secured new financing from external investors.
Report: Streaming music provider Spotify to launch iPhone application
Report: Spotify to launch iPhone application
STOCKHOLM — Streaming music service Spotify is launching an application for Apple Inc.’s popular iPhone, Swedish news agency TT reported Monday.
Ericsson profits drop 56 pct in second quarter due to restructuring, joint ventures
Ericsson profits drop 56 pct in 2nd quarter
STOCKHOLM — Swedish wireless equipment maker LM Ericsson AB’s second-quarter profits plunged 56 percent partly because of restructuring charges and losses in its mobile phone unit, Sony Ericsson, the company said Friday.
Ericsson sees profits fall 56 pct in second quarter
Ericsson profits fall 56 pct in second quarter
STOCKHOLM — Swedish wireless equipment maker LM Ericsson AB’s second-quarter profits plunged 56 percent partly because of restructuring charges and losses in its mobile phone unit, Sony Ericsson, the company said Friday.
Ericsson sees profits fall 61 pct in second quarter
Ericsson profits fall 61 pct in second quarter
STOCKHOLM — Swedish wireless equipment maker LM Ericsson AB on Friday said its second-quarter profits plunged 61 percent partly because of restructuring charges and losses in its mobile phone unit, Sony Ericsson.
Mobile phone maker Sony Ericsson posts 2Q net loss of €213 million
Sony Ericsson posts another loss in 2Q
STOCKHOLM — Handset maker Sony Ericsson said Thursday it booked another loss in the second quarter as the global economic crisis continued to weigh on mobile phone sales.
Mobile phone maker Sony Ericsson posts 2Q net loss of euro213 million
Sony Ericsson posts another loss in 2Q
STOCKHOLM — Handset maker Sony Ericsson said Thursday it booked another loss in the second quarter as the global economic crisis continued to weigh on mobile phone sales.
Saab’s prospective owners used to life in the fast lane, building supercars for wealthy elite
Prospective Saab owners used to life in fast lane
STOCKHOLM — Until its surprise move to buy Saab from General Motors, luxury automaker Koenigsegg Automotive AB was known mainly to a privileged few who could afford to spend more than a $1 million on a high-speed, customized sports car.
Sweden’s Ericsson posts 35 percent drop in 1Q profit amid higher restructuring charges
Ericsson posts 35 percent drop in 1Q profit
STOCKHOLM — Wireless equipment maker LM Ericsson on Thursday reported a 35 percent fall in first-quarter net profit due to weak results from its handset unit Sony Ericsson and higher restructuring costs.
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