| Ericsson reports €164 million loss |
| World - Business | |||
| Friday, 16 October 2009 20:13 | |||
 The company will launch new models of mobile phones.
Sony Ericsson in the third quarter reported financial loss before taxation amounting €199 million. The net loss amounts €164 million euros compared with the loss of €25 million reported in the same period in 2008. Revenues were reduced by 42 percent annually to 1.62 billion euros.
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