Sony has confirmed that it is looking into the possibility of downsizing its operations in the Middle East, Turkey, and Africa. The company's confirmation comes after reports from tipster Evan Blass said that Sony would shut down mobile operations in the said regions. Bad news for Sony Mobile fans in the Middle East, Turkey, and Africa: I'm hearing that the company will "shut down its operations and offices" in the region by October. — Evan Blass (@evleaks) June 27, 2018 Though the statement doesn't mean that the company will be shutting down completely, but it does hint that Sony isn’t doing well in these regions and might be planning to cut its losses. The news comes in times as Chinese brands enjoy massive growth in the Middle East and Africa markets, according to Counterpoint Research. Chinese brands have seen a 36% annual growth in the Middle East and Africa for Q1 2018. The main reason for the downfall of Sony has to be the dated design, poor marketing campaigns, along with pricing compared to other phones in the segment. Despite all that Sony still enjoys, a limited loyal fan base, but with this latest confirmation coming directly from Sony hints that it will at least see ...
Read Here»
Subscribe to:
Post Comments (Atom)
Post a Comment Blogger Facebook
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. As the comments are written and submitted by visitors of The Sheen Blog, they in no way represent the opinion of The Sheen Blog. Let's work together to keep the conversation civil.