Sony looking to trim smartphone lineup in a bid to return to profits

With a projected loss of $2.1 billion for the financial year, Sony is facing a struggle in the smartphone segment. In its bid to return to profitability, the manufacturer has stated that it will undertake a reduction in its smartphone and TV lineups over the coming years. Sony will instead focus its attention on the imaging segment – where its sensors are used in a plethora of high-end devices like the Galaxy Note 4 – to turn an overall profit over the next three years.

source: androidcentral