Author: JT Smith
ZDNet reports: “Swedish telecoms equipment group Ericsson said on Friday
it was pulling out of making its own mobile phones and shedding thousands
of jobs in the handset business after reporting a worse than expected
fourth-quarter operating loss of $155 million.” The company plans to outsource mobile phone production to Flextronics International, Inc., the world’s third largest electronics manufacturer.
it was pulling out of making its own mobile phones and shedding thousands
of jobs in the handset business after reporting a worse than expected
fourth-quarter operating loss of $155 million.” The company plans to outsource mobile phone production to Flextronics International, Inc., the world’s third largest electronics manufacturer.
