Sony Ericsson Sees Upside To '02 Industry Forecast
Monday November 25, 1:49 pm ET
STOCKHOLM -(Dow Jones)- Mobile-phone maker Sony Ericsson now believes 2002 industry sales could top its earlier forecast of 390 million phones, a senior executive said Monday.
"We now see it slightly higher than we predicted a few weeks ago," Sony Ericsson's marketing chief, Jan Waereby, said at an Ericsson investor conference in New York. "We're now on the upside" of the forecast of 390 million.
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Waereby said Sony Ericsson expects industry sales to increase in 2003, but said he wants to see how sales develop during the holiday season before making a firm forecast.
Sony Ericsson, a joint venture of Telefon AB LM Ericsson and Sony Corp. , is the world's fifth-largest phone-maker, with a market share of around 5%.
Nokia Corp. (NOK), the world's largest phone-maker with a market share of around 35%, has predicted that around 400 million phones will be sold worldwide this year. |
