Sony Mobile insists the end is not near as it closes major smartphone plant

While Sony's fall from grace in the global mobile industry hasn't been as dramatic as those suffered by Nokia, BlackBerry, and even...

While Sony's fall from grace in the global mobile industry hasn't been as dramatic as those suffered by Nokia, BlackBerry, and even HTC, it's more than obvious the Japan-based tech and entertainment behemoth needs to do something about its smartphone division. Unfortunately, as the company's various attempts at revising and transforming the Xperia portfolio over the last few years have failed to turn a profit, the time has come for more drastic austerity measures.

After laying off 200 employees in Europe to cut costs across a number of mobile business areas, Sony ...

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