In a bid to catch up with booming smartphone industry, Sony Corp.
has agreed to buy out Sony Ericsson mobile phone joint venture for 1.05
billion euro ($1.45 billion). For this, the Japanese
consumer electronics giant is ending its 10-year agreement with
network-equipment provider Ericsson, sources informed.
The
latest transaction will offer Sony an opportunity to rapidly integrate
smartphones into its broad array of network-connected devices including
tablets, televisions and personal computers.
A question arises here, is it too late for Sony to enter smartphone market?
It
is expected that Sony’s smartphones will take another 12 to 18 month to
reach to its users. The time Sony will introduce its own smartphone
range; Apple would be coming out with next powerful generation of
iPhone. And other smartphone makers may ship " Jelly Beans” powered
handsets. Jelly Beans is the next version of Android operating system.
Actually,
a lot depends on how rapidly Sony will bring out its smartphone range
for users. Execution is the key word and Sony will have to move faster
than the typical 15 to 20 months product cycle, as its rivals are
continuing to solidify their own market positions.
Although,
it is little late for Sony to enter smartphone game, but still there
are some factors which can help Sony to make its smartphone business
successful.
Users already have numerous
smartphones available in the market and if customers need to think of
some alternative, it has to be innovative. For this, Sony needs to just
focus on delivering excellent services and enhanced user’s experience
that is distinct from the competition and provides a compelling case for
choosing Sony’s smartphones.
Reviewers
believe, the use of Sony's PlayStation brand is a significant option for
Sony’s smartphones. In order to make Sony smartphones more user
friendly, Sony will have to directly link the PlayStation to its phones.
Also, the company will have to improve its relationship with the carriers.
It
is important to note that there is one key to the handset business's
revival is the use of Sony's wealth of content, including a significant
library of video, music and video games. So, Sony must have to work on
these areas if it stands any chance against the dominance of other
smartphone makers.
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