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Ericsson contributed a majority of the Ericsson Mobile Communications company, excluding a minor part spun off as Ericsson Mobile Platforms. The company was to have an initial workforce of 3,500 employees.Sony Ericsson's strategy was to release new models capable of digital photography as well as other multimedia capabilities such as downloading and viewing video clips and personal information management capabilities.It was originally incorporated as Sony Ericsson, The current flagship device of Sony Mobile is the Sony Xperia XZ Premium, an Android smartphone that is water and dust resistant with an IP68 rating, has a Qualcomm Snapdragon 835 Chipset and a 19 MP 4K Motion Eye camera with object tracking.
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Sony was a marginal player in the worldwide mobile phone market with a share of less than 1 percent in 2000.
By August 2001, the two companies had finalised the terms of the merger announced in April.
CEO Miles Flint announced at a press conference held with India's communications minister Dayanidhi Maran in Chennai that India was one of the fastest growing markets in the world and a priority market for Sony Ericsson with 105 million users of GSM mobile telephones.
The company had made net losses in six of the 15 quarters and seen its cash reserves shrink from €2.2bn to €599m, after taking a €375m cash injection from its joint owners.