05:37 ET<\/span><\/span><\/p>\nSony Ericsson has blamed the the Japanese earthquake for a 50m euro (\u00a344m; $71m) loss during the three months to June.<\/p>\n
The mobile phone maker said the quake last March had caused “supply chain constraints”, which meant that about 1.5m phones were not ready for sale.<\/p>\n
Smartphones now make up more than 70% of Sony Ericsson’s total sales, up from just 40% at the end of last year.<\/p>\n
Sales of smartphones using Google’s Android operating system grew 150%.<\/p>\n
Sony Ericsson estimates that it now has an 11% share of the Android smartphone market – by both value and volume.<\/p>\n
During the first quarter of the year, Sony Ericsson had managed to achieve net profits of 11m euro, but on an extremely slim operating margin of just 2%.<\/p>\n
During the past few years the mobile phone firm has seen a steady erosion of its share of the mobile phone market, losing out to Apple with its iPhone models and quickly growing Asian rivals like Samsung and HTC.<\/p>\n
The company has gone through a cost-cutting exercise, including making 4,000 staff redundant.<\/p>\n
Sony Ericsson is a 50-50 joint venture of Japanese entertainment electronics firm Sony and Swedish telecoms equipment maker Ericsson.<\/p>\n
Ericsson’s shares fell 1.3% on news of Sony Ericsson’s losses.<\/p>\n<\/div>\n<\/p>\n
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