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Sony Ericsson profit up on camera phones

Mobiles - Camera phones fuel growth
Mobiles - Camera phones fuel growth

Mobile phone maker Sony Ericsson has reported higher than expected second-quarter profits.

Pre-tax profit at the Japanese-Swedish company in the period May to June was €113m, after a loss of €102m a year ago.

The world's fifth-biggest mobile maker said the increase was thanks to strong demand for camera phones. As a result the firm revised up its global handset sales forecast.

Sales of phones were up to €1.5 billion, from €1.1 billion  year earlier, up 34%.

Miles Flint, president of Sony Ericsson said: "These results reflect continued strong demand for our style-oriented line-up of imaging and multi-media phones. The company has established a solid basis for sustained growth going forward."

He also said the firm had maintained momentum in an increasingly competitive market environment.