Sony Ericsson may seek a new funding injection of more than $135.5 million in the coming months, according to a Sony spokesperson talking to Reuters.
Where would the cash injection come from? Sony itself and its partner in the joint-venture, Ericsson, would be one option, while bank loans are apparently another.
In truth, the news isn't a huge surprise - ever since Sony Ericsson's poor Q1 results, there have been rumours of such a bailout.
In fact, $135.5 million would be getting off relatively lightly given previous speculation that the two parent companies would need to stump up half a billion Euros each to support Sony Ericsson.
Although finance is clearly an issue for the handset maker, which is cutting costs across the company, what's equally important is a coherent product strategy going forward, to regain its mojo.
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Contributing Editor
Stuart is a freelance journalist and blogger who's been getting paid to write stuff since 1998. In that time, he's focused on topics ranging from Sega's Dreamcast console to robots. That's what you call versatility. (Or a short attention span.)
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