Sony says it will withdraw smartphone business from India1 min read . Updated: 22 May 2019, 02:51 PM IST
- Sony sees smartphones as hardware for entertainment and a component necessary to make its hardware brand sustainable
- It has segregated the global smartphone market into focus and defocus regions; Sony will withdraw from the latter and India falls into it
Sony Corp sees the smartphone business as indispensable to its brand portfolio, its CEO said, bucking calls from some investors that the Japanese electronics firm should scrap the money-losing business.
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