Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Sony Ericsson Reports Q4 Profit
Jan 19, 2004
 Printable format
 Email this Article
 Search

Consumer electronics maker Sony Ericsson Mobile Communications AB announced a net profit of 43 million euros (approx. U.S. $53.2 million) in the fourth quarter ended Dec. 31, 2003, marking the second consecutive quarter that the company posted a profit. A joint venture between Japan's Sony Corp. and Sweden's Telefon AB L.M. Ericsson, the company posted a 16 percent rise in revenue to 1.44 billion euros (approx. U.S. $1.78 billion) for the quarter.

For the full year, Sony Ericsson reported a net loss of 86 million euros (approx U.S. $106.5 million) and posted a 12 percent increase in sales to 4.67 billion euros (approx. U.S. $5.7 billion) for the year. The company also reported a loss of 9 million euros (approx. U.S. $11 million) in restructuring costs, due to a decision to stop the production of code division multiple access (CDMA) phones for the North American market and the elimination of 500 R&D jobs in the U.S. and Germany. (Dow Jones)

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows