Sony Ericson’s Major Debt

sony-ericsson-will-have-to-raise-100mil-eur-to-keep-goingSony’s CFO has admitted that falling demand combined with a “gap” in its product portfolio has created problems for the company. He also acknowledged that the company needs to raise about 100 million euros by the end of this fiscal year (March of 2010) to survive. Is it me or is there an Ericson phone for every day of the year?

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