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Author Sony Ericsson reports second quarter results
Jimster71
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Posted: 2008-07-18 16:39
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I suppose most of SE employees are in Lund
xironghostx
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Posted: 2008-07-18 17:06
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2,000 may leave Sonyericsson

Sony Ericsson, which is owned half by Ericsson, announced in a report costsavings-program whose goal is to reduce annual costs by about 300 million per year.the company expects that about 2,000 people will have to leave the company around the world, including suppliers. Says Sony Ericsson's president, Dick Komiyama, at the teleconference after the company's interim report.

Restructuring costs for the program will be in the same magnitude as the annual rörelsekostnadsbesparingen.

"We estimarar that our restructuring will be in the same magnitude as the reduced movingcostlevel. The cost will be taken as the measures are implemented," said Dick Komiyama.

Published 2008-07-18 15:32


from di.se (google translate)

Sonyericsson in total got 7500 workers, 4000of them in sweden and 2300 in lund.

Most of the R&D takes place in lund (afaik) and kista. (kista is for smartphones). So sacking almost 2000 people in lund will mean that they are going to lower R&D costs.

Motorola and Siemens, here sonyericsson comes.
Raiderski
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Posted: 2008-07-18 17:12
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Huh buddy, don't fool yourself (and others). The reason why Nokia has a 61% drop is because of the amalgamation with Siemens ! ! ! which happened in the 2nd quarter of 2007 !


do I wrote something about reasons why Nokia profits are worse? do I wrote that Nokia management staff spent all moneys on whores? does this changed overall situation? is 61% drop a fact? yes it is...

at first you wrote:
don't fool yourself (and others)


and then you wrote:
... Nokia has a 61% drop...


oh great! you discovered America once again - congratulations

1. Nokia closed manufacture in Bochum (lost ~295 mln EUR)
2. main Nokia branch (mobile phones) profits: -1%
3. average cost of Nokia phone: from 143 USD to 117 USD
4. Nokia Siemens Network profits: +18%

BTW. phone for me is only phone and nothing more, SE can die, Nokia can die, this is not important for me

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[ This Message was edited by: Raiderski on 2008-07-18 16:15 ]
Dups!
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Posted: 2008-07-18 17:23
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On 2008-07-18 17:12:27, Raiderski wrote:
Huh buddy, don't fool yourself (and others). The reason why Nokia has a 61% drop is because of the amalgamation with Siemens ! ! ! which happened in the 2nd quarter of 2007 !


do I wrote something about reasons why Nokia profits are worse? do I wrote that Nokia management staff spent all moneys on whores? does this changed overall situation? is 61% drop a fact? yes it is...

at first you wrote:
don't fool yourself (and others)


and then you wrote:
... Nokia has a 61% drop...


oh great! you discovered America once again - congratulations

1. Nokia closed manufacture in Bochum (lost ~295 mln EUR)
2. main Nokia branch (mobile phones) profits: -1%
3. average cost of Nokia phone: from 143 USD to 117 USD
4. Nokia Siemens Network profits: +18%

BTW. phone for me is only phone and nothing more, SE can die, Nokia can die, this is not important for me

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[ This Message was edited by: Raiderski on 2008-07-18 16:15 ]


@Raiderski

I've said this before and will say it again, don't stress yourself over mario, he's here to wind almost everybody up. Also, he'll find even the lamest defence to explain why Nokia are doing worse.

It's not what you do or even how you do it but in what state of mind you do it: Dups! 2009
Raiderski
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Posted: 2008-07-18 17:40
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EMS06
ahh I didn't know that (about him). thx for good tip
Dups!
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Posted: 2008-07-18 17:45
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You're welcome!
It's not what you do or even how you do it but in what state of mind you do it: Dups! 2009
Jimster71
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Posted: 2008-07-18 17:48
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Smartphones are mostly developed in the UK. There are staff all over the world, about 12000 including contract staff. The biggest concentration are in Lund though.



[ This Message was edited by: Jimster71 on 2008-07-18 16:48 ]
gola
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Posted: 2008-07-18 19:11
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Clearly this isn't a surprise to any of us
"Getting wisdom is the wisest thing you can do!"
Proverbs 4: 7
Dups!
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Posted: 2008-07-18 20:17
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Indeed gola. We expected it since their second profit warning.
Pierke
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Posted: 2008-07-18 20:45
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Hope it is their wake-up call...
makbil
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Posted: 2008-07-18 21:52
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I hope they realize what they are waking up to... They've been sleeping for 2+ years...
P990i: A mistake, a curse and a disgrace So I lowered my expectations and settled for a P1i. I couldn't keep my expectations so low for a long time so now I have an HTC Touch HD
hansen
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Posted: 2008-07-18 22:13
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The cut downs will focus on research & development according to swedish news today.
jayce
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Posted: 2008-07-19 00:05
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While Sony Ericsson have been in a day dream, releasing the poorly received P990 and marginally better P1, Apple and others sneaked up and have been stealing their lunch money.
You may scoff at the iPhone but it shows there is a significant market of people wanting an advanced, touch screen phone ... which had back in early 2003 - four years before Apple even had such a product!

Where once they were market leaders, now we see supposedly "high end" products canned (paris/beibei) and massive delays in the top end phone (X1).
Meanwhile at the low to mid-end we see yet another phone with a 2mp camera, some 3 years since the announcement of the ground breaking K750.

While the underlying hardware barely changes, the O/S running on the phones seems to get more unreliable.
really messed up with Symbian 9 and UIQ3 in the P990, never properly addressed the significant bugs and dropped support just as soon as they could get away with it, thus really annoying the faithful early adopters - big mistake.
What happened to UIQ3.3? Is this gone the way of Paris?

Meanwhile in the mid end there are plenty of reports of stability issues with the A200 platform and phones running this.

This so reminds me of Nokia at the beginning of the new millenium, releasing buggy, bland phones. It's why I jumped from Nokia to Sony Ericsson and found an amazing phone in the T68i.
It's why why I grabbed the P900i which was so innovative and blew everything else away.

I'd really hoped to change my bland but stable V630i this year for a P1 replacement, but it looks like I'll need to look at my options now.

Such a shame to see slide like this.
Innovate or stagnate ... we know where are right now ... they need to get back to innovation and fix this cancer now.
makbil
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Posted: 2008-07-19 00:51
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@jayce, I agree with everything you say.
I have both a P990 and a recently acquired P1. The only advantage, though a significant one, the P1 has over the P990 is RAM - and some fw improvements which SE could have given the P990 as well. In almost all respects the P1 is a downgrade from the P990 but it's still worth getting as the price has really come down.
P990i: A mistake, a curse and a disgrace So I lowered my expectations and settled for a P1i. I couldn't keep my expectations so low for a long time so now I have an HTC Touch HD
themarques
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Posted: 2008-07-19 01:35
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Woah tension in this thread, it would seem some of you guys have Shares in SE. I could understand if you worked there but do take it easy guys its only money after all.

If you really look at it, credit crunch has affected everyone from London to Tokyo everyone is feeling the pinch.

Yes design has been a major factor and response time in releasing products is SE achilles heel. I do hope they will start to churn out some new designs hell if they lost for ideas why not start trickling down some of those Japanese only designs.
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