Sony replaces mobile chief and slashes smartphone sales forecast

Sony’s attempt to become a major player in mobile has hit another speed bump. The company now expects to ship 41 million smartphones in its current fiscal year — that’s down from a forecast of 43 million units in July, which was itself a cut from the 50 million projected in April. Although Sony’s mobile division brought in ¥308.4 billion ($ 2.83 billion) in revenue from July to September, around a 1.2 percent increase on a year ago, the company is writing down ¥176 billion yen of the business’ value.

Kunimasa Suzuki, the president and CEO of Sony Mobile since April 2012, has been replaced by Hiroki Totoki, until now a senior VP in charge of corporate planning. Suzuki will become executive VP at Sony Entertainment and move to a group…

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