Strong sales in other divisions like Games and Network Services helps make up for continued mobile losses. So, why not throw in the towel? Pride is definitely part of it. Sony has been making phones for longer than modern smartphones have existed, and it doesn't want to bow out of the market. Sony just wants to be a company that makes phones. The other reason is the transition to 5G. Sony says its mobile division is working hard to implement 5G wireless technology, but not only in phones. Sony sees its in-house mobile division as a benefit as the industry moves toward 5G. However, 5G will also increase R&D costs dramatically. Sony might be anticipating even larger mobile losses, so hiding that inside the conglomerated Electronics Products and Solutions division will make its quarterly numbers look better. It's still going to take something of a minor miracle for Sony to become profitable selling phones again, 5G or no 5G. Sony's reorganization will take effect on April 1st. Now read:
