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Thursday, May 5, 2011

Sony Ericsson Announces Two New Experia Phones

Fortune Magazine releases the Fortune 500 list with Wal-Mart Taking the Top Spot



May 5, 2011

Mobile phone maker Sony Ericsson announced Thursday the launch of two additions to its Xperia smartphone product portfolio, the Xperia mini and the Xperia mini pro.

Sony Ericsson is a joint venture formed in 2001 between Sweden's LM Ericsson Telephone Company (NASDAQ:ERIC) and Japan's Sony Corporation (NYSE:SNE).

The London-headquartered company said the new handsets are "building on the success of the original mini series" and will utilize Google Inc.'s (NASDAQ:GOOG) new Android operating system, Gingerbread 2.3.

A one-gigahertz Qualcomm (NASDAQ:QCOM) Snapdragon processor powers both phones, which use SONY display technology. The Xperia mini pro has a keyboard that slides out while the company claims the Xperia mini is the world's smallest Android running smartphone that also has HD-video recording capabilities.

The phones will go on sale in the third quarter.

Shares of Ericsson are trading down 1.46% at $14.84.

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