Sony Ericsson President Steps Down
Sony Ericsson president Miles Flint has stepped down after three years of fairly successful leadership. This news has had analysts baffled and confused about the decision. Many has speculated that in no way was flint forced out of his office but still wonders what could have prompted his decision.
Under his command, Sony Ericsson has seen consistent profitability and a steady increase in its market share. The former president said that he's looking to expand his horizons after 17 years under the Sony and Sony Ericsson brands, while Sony Electronics USA chairman Hideki Komiyama has been tapped to fill the huge shoes left behind.
Analysts seem pretty convinced that he'll have a tough time doing any better than his predecessor, noting that low-end handsets seem like the next logical step to market share dominance despite the segment's virtually nonexistent margins.
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