Finland's Wireless Fast Track Thanks in large measure to mobile handset pacesetter Nokia, this small nation, about the size of Montana with a population of some 5 million people, is where the rest of the world looks for wireless guidance. But so far no one is willing to put it together. Printer friendly version.
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The company will draw upon Ericsson's expertise in telecommunications and Sony's expertise in consumer electronics, with responsibility for research and development, industrial design, marketing, distribution and production. The venture will develop products under its own brand name. Financial terms were not disclosed and officials did not give a target for projected handset sales. For the past fiscal year, the two companies' combined business totaled 50 million handsets. Katsumi Ihara, Sony vice president and president of the joint venture, said Sony's strengths in the entertainment business will become critical as cell phone technology develops to offer video, music and other information in addition to voice.