Sony Ericsson Q2 sales up, profit below consensus

(Reuters) - The cellphone venture of Sweden's Ericsson and Japan's Sony Corp. , known for higher-end music phones based on its Walkman brand, said it gained market share in the quarter by selling lower-priced phones that widened its potential customer base.




Its report came shortly after bigger rival Motorola Inc. forecast a quarterly loss, blaming weak phone sales.


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Ericsson CEO sees more multimedia buys: report

(Reuters) - "There will be more acquisitions on the multimedia side. We do not need to take a breath just because we have made several acquisitions," he said.

Ericsson has recently bought Norwegian digital broadcast systems maker Tandberg Television and IP messaging components company Mobeon as part of its plan to build up multimedia.


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