Sony To Pay $1 Billion For Full Control Of Sony Ericsson?

On the weekend we heard that Sony is looking to buy Ericsson out of their Sony Ericsson smartphone partnership, where the two companies produces mobile phones together under the Sony Ericsson brand.

Sony and Ericsson started working together about 10 years ago, and signed a 10 year deal to produce mobile phones and smartphones together, and now it would appear that Sony wants full control of Sony Ericsson.

So how much will this cost Sony if Ericsson agrees to the deal? according to a recent report Sony is considering up to $1 billion to buy Ericsson out of the Sony Ericsson partnership, although this has yet to be confirmed by either company.

Source Gizmodo