| Ah, gotcha. That sucks. I thought they were turning their phone division around. I think they posted profit the last two quarters. I guess it was only temporary. Phones might need to be the 3rd division they let go.
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This is not them getting out of smartphones, as a matter of fact it will be a increase in investment, but not in the phone part of it itself, but a certain part of the smartphone.
After this write down, you can bet where the investment is going now.
They are just going to go more premium models, and cut on more mid tier smartphones, now they will not sell as many, but on the same token any that they will sell will be in profit. Even if its only 10 million a year it will still generate profit! But the Camera Cmos investment will be increased with the cuts in mid tier production, and switched to larger CMOS R&D.
I AM BOLO
100% lover "nothing else matter's" after that...
ps:
Proud psOne/2/3/p owner. I survived Aplcalyps3 and all I got was this lousy Signature.
