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Sony isn't giving up on Xperia smartphones just yet


Sony's CFO says smartphones are still a key part of the company's long-term strategy.

Tao emphasized that "communication technology" is a key area Sony has cultivated for a long time and that it wants to continue valuing its smartphone business. This statement comes on the heels of a recent issue, where Sony had to recall units of the Xperia 1 VII in Japan due to a shutdown bug. Tao opened the earnings call by saying, "We apologize for the huge inconvenience to our users," but also reiterated the company's continued focus on smartphones.

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