Sony has agreed to buy Ericsson's 50 percent share in their Sony Ericsson mobile phone joint venture for $1.5 billion, making the mobile handset business a wholly owned subsidiary of Sony.

It was back in October last year that Sony announced it would be buying long-term ally Ericsson out of the partnership, ending one of the most enduring collaborations in the mobile industry ...

The Sony Ericsson Jalou is quadband GSM and triband UMTS (900/1700/2100) and should be landing in Q4 2009, price yet to be confirmed. Expect a premium for the D&G edition. Over at GSMHelpdesk ...

LONDON (Reuters) - Sony Corp is to take over its mobile phone joint venture with Ericsson for 1.05 billion euros ($1.5 billion), as it seeks to exploit its music and video to help it catch ...