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    <title>The Local Sweden</title>
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    <description>Read the latest news and views from Sweden in English</description>
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        <item>
        <title>
            Ericsson profits double on sale of Sony stake
        </title>
        <description>
            The Swedish telecommunications equipment maker Ericsson posted Wednesday a first quarter net profit that was more than double the level recorded a year earlier, owing to a major one-off divestment.
        </description>
        <link>
            https://www.thelocal.se/20120425/40466
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        <pubDate>Wed, 25 Apr 2012 12:18:00 +0200</pubDate>
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        <title>
            Ericsson shares nosedive on weak report
        </title>
        <description>
            Ericsson on announced a worse-than-expected 73 percent drop in its fourth quarter net profits, sending shares in the Swedish telecom giant plummeting in Wednesday morning trading.
        </description>
        <link>
            https://www.thelocal.se/20120125/38712
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        <pubDate>Wed, 25 Jan 2012 10:49:00 +0100</pubDate>
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        <title>
            Sony Ericsson ends 2011 with massive loss
        </title>
        <description>
            Mobile phone manufacturer Sony Ericsson said Thursday that intense competition hit fourth quarter sales hard and forced the company to post a loss of €247 million ($318 million) for the year.
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            https://www.thelocal.se/20120119/38592
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        <pubDate>Thu, 19 Jan 2012 13:05:00 +0100</pubDate>
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        <title>
            Ericsson name dropped from new Sony phone
        </title>
        <description>
            Sony on Tuesday launched its first mobile handsets without the “Sony Ericsson” brand name at an electronics show in Las Vegas, marking a symbolic end to the company&#039;s ten year collaboration with the Swedish telecoms giant.
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        <link>
            https://www.thelocal.se/20120110/38430
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        <pubDate>Tue, 10 Jan 2012 16:38:00 +0100</pubDate>
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        <title>
            Ericsson and Sony go separate ways
        </title>
        <description>
            Swedish telecom equipment giant Ericsson confirmed on Thursday that it would sell its stake in mobile phone joint venture Sony Ericsson to Sony for €1.05 billion ($1.47 billion).
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        <link>
            https://www.thelocal.se/20111027/36986
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        <pubDate>Thu, 27 Oct 2011 10:49:00 +0200</pubDate>
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        <title>
            Ericsson purchase &#039;speculation&#039;: Sony
        </title>
        <description>
            Japanese electronics giant Sony hopes to work more closely with Swedish joint venture partner Ericsson on smart phone products, senior executive Kazuo Hirai said on Friday, describing rumours of Sony buying the Ericsson stake as &quot;speculation&quot;.
        </description>
        <link>
            https://www.thelocal.se/20111021/36876
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        <pubDate>Fri, 21 Oct 2011 09:44:00 +0200</pubDate>
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            Ericsson shares surge on strong earnings report
        </title>
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            Swedish telecom equipment maker Ericsson on Thursday reported a six-percent jump in third quarter net profit to 3.8 billion kronor ($570 million) in line with analyst expectations.
        </description>
        <link>
            https://www.thelocal.se/20111020/36862
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        <pubDate>Thu, 20 Oct 2011 14:21:00 +0200</pubDate>
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        <title>
            Sony Ericsson breaks even as European sales dip
        </title>
        <description>
            Mobile phone manufacturer Sony Ericsson on Friday said it broke even in the third quarter due to a declining sales environment in Europe.
        </description>
        <link>
            https://www.thelocal.se/20111014/36752
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        <pubDate>Fri, 14 Oct 2011 17:25:00 +0200</pubDate>
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        <title>
            Ericsson to sell stake in Sony Ericsson: report
        </title>
        <description>
            In a push to enhance its smartphone business, Japan&#039;s Sony is nearing a deal to buy out Swedish telecom firm Ericsson&#039;s stake in their mobile phone joint venture, according to the Wall Street Journal.
        </description>
        <link>
            https://www.thelocal.se/20111007/36600
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        <pubDate>Fri, 07 Oct 2011 11:35:00 +0200</pubDate>
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        <title>
            Sony Ericsson figures hit by Japan disaster fall out
        </title>
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            Swedish-Japanese mobile phone manufacturer Sony Ericsson posted a net loss of €50 million ($70 million) for the second quarter on Friday, saying that its supply chain had been hit by the disasters in Japan.
        </description>
        <link>
            https://www.thelocal.se/20110715/34968
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        <pubDate>Fri, 15 Jul 2011 16:38:00 +0200</pubDate>
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        <title>
            Sony Ericsson ends trademark dispute
        </title>
        <description>
            Sony Ericsson ends trademark battle
        </description>
        <link>
            https://www.thelocal.se/20110514/33770
        </link>
        <pubDate>Sat, 14 May 2011 11:23:00 +0200</pubDate>
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        <title>
            Sony Ericsson reports profits slump
        </title>
        <description>
            Swedish-Japanese mobile phone manufacturer Sony Ericsson on Tuesday reported a steep decline in net profits, explained by the impact on sales of the earthquake and tsunami in Japan.
        </description>
        <link>
            https://www.thelocal.se/20110419/33294
        </link>
        <pubDate>Tue, 19 Apr 2011 14:43:00 +0200</pubDate>
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        <title>
            Sony Ericsson posts profit as sales fall
        </title>
        <description>
            Mobile phone manufacturer Sony Ericsson on Thursday reported a return to profit in 2010 thanks to its Android-based smartphones but its fourth quarter earnings and sales fell far short of analyst expectations.
        </description>
        <link>
            https://www.thelocal.se/20110120/31540
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        <pubDate>Thu, 20 Jan 2011 10:41:00 +0100</pubDate>
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        <title>
            Sony Ericsson third quarter sales disappoint
        </title>
        <description>
            Mobile phone manufacturer Sony Ericsson reported a third consecutive quarter of net profits on Friday following dramatic restructuring, but its sales fell far below expectations.
        </description>
        <link>
            https://www.thelocal.se/20101015/29630
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        <pubDate>Fri, 15 Oct 2010 12:43:00 +0200</pubDate>
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        <title>
            Sony Ericsson targets China for smartphones
        </title>
        <description>
            Sony Ericsson said Wednesday China would become its biggest handset market by volume in the next three to four years, as it moved to grab a bigger slice of the fast-growing smartphone market.
        </description>
        <link>
            https://www.thelocal.se/20100901/28708
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        <pubDate>Wed, 01 Sep 2010 15:57:00 +0200</pubDate>
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            Sony Ericsson sees profits jump
        </title>
        <description>
            Mobile phone manufacturer Sony Ericsson reported a second quarter running of net profits Friday after a period of loss last year, saying it had pushed up prices by focusing on the top end of the
        </description>
        <link>
            https://www.thelocal.se/20100716/27824
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        <pubDate>Fri, 16 Jul 2010 11:48:00 +0200</pubDate>
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        <title>
            Sony Ericsson unveils new smartphones
        </title>
        <description>
            Swedish-Japanese handset maker Sony Ericsson unveiled its new smartphones on Sunday as it seeks to close the gap on its main competitors. 
        </description>
        <link>
            https://www.thelocal.se/20100215/25002
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        <pubDate>Mon, 15 Feb 2010 17:10:00 +0100</pubDate>
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            Sony Ericsson losses lower than expected
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            Mobile phone maker Sony Ericsson reported a quarterly loss on Friday that surpassed market expectations but, amid plunging sales for the company, it continues to face fierce competition in the smartphone market.
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        <link>
            https://www.thelocal.se/20100122/24530
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        <pubDate>Fri, 22 Jan 2010 12:48:00 +0100</pubDate>
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            Sony Ericsson to cut 450 jobs in Lund
        </title>
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            Sony Ericsson plans to reduce the workforce at facilities in Lund in southern Sweden by 15 percent, putting 450 of the mobile handset manufacturer’s employees out of work.
        </description>
        <link>
            https://www.thelocal.se/20091216/23870
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        <pubDate>Wed, 16 Dec 2009 08:42:00 +0100</pubDate>
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            Sony Ericsson to close Kista development centre
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            Mobile phone manufacturer Sony Ericsson gave redundancy notices to 130 employees on Wednesday in conjunction with plans to close a development centre in Kista, north of Stockholm. 
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        <link>
            https://www.thelocal.se/20091119/23350
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        <pubDate>Thu, 19 Nov 2009 07:37:00 +0100</pubDate>
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