Howard Stringer

Sony and Sony Ericsson continue to suffer massive sales losses, in a terrible financial decline that refuses to abate. Sony's image in the world is so ugly now, people are not inspired to buy from them, due to their dirty corporate practices, such as copyright, patent and trademark infringement.

They've suffered a fresh string of embarrassing losses and defeats recently, posting huge sales declines and having to withdraw some of their product lines, due to the fact people are not buying them.

What is Sony CEO and resident animal's solution to this quagmire, fire more people and force out company junior CEOs, when the problem lays with him, as he is bar none one of the most corrupt, thieving, devious, despicable human beings on the planet. You and Sony are criminals.

Sony Ericsson Reshuffles Leadership, Looks to Tighten Product Line

08/17/09 2:27 PM PT - Executives at both Sony and Ericsson will take new leadership positions at Sony Ericsson, the duo's joint venture in the mobile handheld space. Ericsson's Bert Nordberg will become Sony Ericsson's president upon the retirement of current prez Hideki Komiyama. Meanwhile, Sony Chairman and CEO Howard Stringer will also serve as Sony Ericsson's chairman.

Bert Nordberg, a 14-year veteran of telecom system provider Ericsson (Nasdaq: ERICY) More about Ericsson, has been named president of Sony Ericsson, the firm's joint cellphone venture with the Japanese consumer electronics giant. He'll be succeeding Hideki "Dick" Komiyama, a Sony (NYSE: SNE) More about Sony executive who has led Sony Ericsson More about Sony Ericsson since 2007 and is now headed for retirement.

Nordberg will be co-president of Sony Ericsson -- a new position for the firm -- beginning Sept. 1 and will assume full responsibility on Oct. 15.

In another executive reshuffle, Sony Ericsson has also tapped Sir Howard Stringer, Sony's chairman and chief executive, to take over the chairmanship of the Sony Ericsson board. The role is currently held by Carl-Hendric Svanberg, the Ericsson chief executive, who is in line to become chairman of BP in the United Kingdom.

Although prompted by outside circumstance -- Komiyama's retirement -- the moves may be necessary for the venture to right itself in the face of sharply declining revenues.

Dwindling Commitment?

Sony Ericsson, now in its eighth year, has lost at least US$1 billion in the past 12 months. There have also been questions about the companies' -- particularly Ericsson's -- commitment to the endeavor because of their own recent struggles with market forces and falling cash balances, Ronald Gruia, principal analyst and program leader of Frost & Sullivan's More about Frost & Sullivan emerging telecoms and ICT practice, told the E-Commerce Times...

http://www.ecommercetimes.com

Sony Pulls The Plugs On OLED Due To Losses & Production Problems

18/08/2009 - Bleeding cash and TV market share, Sony has now said that they will not deliver a new OLED TV this year because of costs and production problems. New research has also revealed that 4 out of 10 Sony OLED TV panels made are dumped because of production problems.

Hailed 18 months ago as the breakthrough TV technology that would catapult Sony into a dominant position in the TV display market, OLED TV is now turning into a lemon for the Japanese TV maker who in Australia has seen their TV display market share savaged by Samsung.

Also in Australia Sony is struggling with several other products with the Company recently admitting that they have had to replace faulty Sony Walkman and Vaio Notebooks that are prone to melting.

In an admission to the Wall Street Journal Sony has said that they are set to delay the launch of its next organic light emitting diode, or OLED, television because mass producing the new ultrathin displays would exacerbate losses at its TV division.

In Australia the Company is trying to sell a tiny 11" OLED TV for $6,999 which is $2,000 more than some vendors are selling a 55" Full HD TV for, complete with a free Nintendo Wii gaming console...

In previous ChannelNews stories we reported that Sony Chief Executive Howard Stringer had said in May 2008 that Sony would have a 27-inch OLED television available within 12 months.

http://www.smarthouse.com.au