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SNE dwn 1%>Sony mobile unit seeks plan to keep afloat

"We won’t tie ourselves only to smartphones or even hardware," said Hiroki Totoki, Sony's (NYSE:SNE) new president of Mobile Communications.
The company used to introduce new handsets at a rapid pace, but it is scaling back after years of losses. Instead, Totoki expects Sony to stay in the mobile business by riding the "next wave of innovation", even if this comes from software.
Sony has predicted hefty losses for its mobile business both in the year ending March 31 and the following year, and chief executive Kazuo Hirai said last month that the company wouldn’t rule out selling it in the future.