Sony Corp.'s earnings will probably rebound in the second half of the business year after an anticipated improvement in the performance of its mobile phone division, Sony President Kunitake Ando said in a recent interview with Kyodo News.
"We have completed squeezing the pus out of our mobile phone business, and can therefore expect a respectable (earnings) figure from that division," Ando said.
In the mobile phone division alone, Sony incurred losses of 45 billion yen for the first half through Sept. 30. These included appraisal losses on its mobile phone inventories stemming from a recall of defective mobile phones.