Sony Ericsson Needs $135.5 Million or Thomas More to Stay Afloat
Layoffs, product cancellations, and poor sales have all been hit Sony Ericsson (NYSE: SNE) hard lately. Sony Chief Financial Officer Nobuyuki Oneda stated shoemaker’s last workweek that they would have to come up with $135.5 1000000 by next marching, either through bank building loans, parent company injections, or some other source, before next Mar to hold things run. There was already talk about Sony swallowing up Ericsson’s share, which is increasingly becoming a possibility as the joint speculation continues to glide. The Idou and its 12 megapixel photographic camera look nice, and could be enough to keep SE afloat for awhile, but it’s distillery looking like a rough route ahead.
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