Mobile phone maker Sony Ericsson has warned that its second-quarter results will be affected by a 'difficult' market conditions.
Sony Ericsson said it was likely to have sold 24 million phones in the April-June period, up from 22.3 million in the first quarter. But the phones were sold at an average price of €115, down from €121.
For the past year, the group has been trying to develop its business in emerging markets in order to reduce dependence on its traditional European outlets.
Sony Ericsson, which is not quoted on the stock market, was formed through the merger of Ericsson of Sweden, world leader in mobile phone networks, and Japanese electronics giant Sony.
