The company which launched the first mobile phone 33 years ago, will now shut down business?

Many big companies making mobile phones in the 2000s have either stopped their business or their market share is almost over. Now another big company is going to turn off its mobile phone business. According to the report, the company has started covering its business from many big markets. The company, which launched the first mobile phone 33 years ago, is still quite popular among users in other electronics device segment. Especially the company’s gaming console, cameras and TV are still making a splash worldwide.

The first mobile was launched in 1992

Yes, we are talking about Sony, which launched its first mobile phone “Mars Bar” in 1992. The company partnered with Ericsson in the 2000s to increase its mobile phone business. Sony Ericsson’s 2G mobile phones were quite popular among users. During this time, brands like Nokia, Motorola, LG, Samsung, Blackberry, HTC as well as Sony Ericsson’s phone were the first choice of users. The company’s global market share has been up to 9 percent. In many countries, Sony Ericsson’s mobile phone was also competing with Nokia.

Business is covered in many countries

According to the report of The Sun, the company is going to cover its mobile phone business in UK soon. Most of the company’s Xperia mobile phones are now seen out of stock on the website. Many countries including India have already covered their mobile phone business. Sony’s market share in the UK has just 1 percent. Talking about the global market share, at this time Sony’s mobile phone is less than 1 percent. The company’s Xperia smartphones are launched in the premium range, which are known for their best camera. However, the company also makes camera sensors for mobile phones of several brands.

Apple and Samsung dominate

At present, Apple and Samsung dominate the premium segment. At the same time, Talking about overall mobile phone market share, South Korean company Samsung is on top. Samsung’s global market share is 20.1 percent. At the same time, Apple’s market share is 19.5 percent. Talking about Chinese brands, Xiaomi’s market share is 13.9 percent and Oppo’s market share is 7.8 percent. At the same time, Vivo, the top market share company in the Indian market, has a global market share of 7.5 percent. The total market share of these five brands is around 70 percent.

Many brands have already been out

However, no official statement has been released by Sony to shut down your mobile phone business. Prior to Sony, LG, HTC, Blackberry have completely stopped their mobile phone business. At the same time, Motorola has sold his mobile phone to business Lenovo. Motorola has done well in the last few years. The company’s market share has also increased in many countries. Apart from this, there are also reports of the return of brands like HTC and Blackberry in the middle of the middle.

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