Sony to replace the President and CEO of its Mobile Communications branch
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This is no doubt a move, evoked by Mobile Communications' unfavorable results, which predict more than a $1.7 billion loss by the end of this fiscal year. A month ago, Sony announced that it will be re-thinking its Mid-Range Plan (MRP), which, according to the company, was the main culprit for the abysmal sales. Apparently – it has been re-thinking its CEO options for the Mobile Communications segment as well.
Reuters reports that Mr. Totoki was pulled from a Sony daughter company by none other but the President of Sony Corp. - Kazuo Hirai, who is said to consider Totoki as one of his most trustworthy employees.
So, let's see what Sony's next move will be. Looking at the new Mobile Communications CEO's portfolio – it looks like it may focus much more on marketing the devices right, rather than developing new features. This is not necessarily a bad thing, as many techies will agree that the Xperia flagships are very potent, competitive handsets that just don't get enough attention to become widely successful.
source: Reuters
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