Sony launched its earnings report for the Q1 time period (January March) and the outcomes are much from favorable. The storied Japanese manufacturer managed to ship just 400,000 smartphones for the duration of this timeframe, its lowest figure in latest memory.
Q1 shipments in individual are down by 64% when compared to the very same period of time past calendar year, marking the premier dip in this category. The last time the company saw constructive annually expansion from its Xperia line was back in Q2 2017.
The new report also gives us additional insight into the company’s efficiency from the 2019 fiscal year where by Sony managed to ship just 3.2 million Xperia smartphones.
For reference, the 2018 fiscal yr saw 6.5 million shipments for Sony smartphones. Judging by the past functionality, the Xperia lines shipments are next a steep decline in the earlier 3 years and it seriously requires its new lineup to do greater if it is to keep relevancy in the industry.
Sony is totally dedicated to holding its smartphone business alive with the Xperia 1 II and Xperia 10 II which are scheduled to get there in June.
The enterprise also confirmed that its smartphone producing plants in China and Thailand are operating beneath ordinary ailments but some of its part suppliers in Malaysia and the Philippines are struggling with delays that might in convert gradual down some of its future products and solutions.
