Swedish mobile manufacturer Ericsson may be running out of patience with its handset joint venture with Sony. According to a report in The Wall Street Journal, Ericsson’s CEO, Kurt Hellstrom, has warned that he will not continue ‘pouring money’ into the venture unless sales of its products improve quickly.
Hellstrom is quoted as saying that his company wants to see real acceptance of the new range of handsets within the next two quarters, or he may be forced to pull out of the loss-making venture. Recent reports from the Swedish giant indicate that it may have to back the venture to the tune of EUR 500 million over the next twelve months.
Mirren Fischer is someone who finds herself at the confluence of some really big challenges:…
Poetry and place...listening and lockdowns... Dan Phillips, who led the Royal College of Art's (RCA)…
Mark Baldino's path to co-founding a Chicago-based design agency wends its way from a degree…
Paul Campbell, a former chief designer at Ford, is now re-imagining the wheelchair at Centaur…
Opening the oven released a cloud of steam. I should have been expecting it. It's…
Jared Ficklin's approach of 'think by making' has led him to produce remarkable digital design…