Monday, February 17, 2003
Sony Ericsson said Monday it will launch its first third-generation phone later in 2003.
The Z1010 dual mode UMTS/GSM-GPRS phone features a pair of built-in video cameras so that its users can transmit live video while calling someone with another 3G phone.
Third-generation networks are expected to offer faster delivery of data and pictures than current networks.
The venture, Sony Ericsson, has steadily lost money since it was established 15 months ago, and Ericsson executives had indicated last year that they planned to put in more funding into it.
In the United States, Sony Ericsson has lost market share to Motorola and Samsung. But its new portfolio of phones, including the high-end P800, which features a built-in camera and personal digital assistant attributes, is helping the venture recover. Also helping are its low-end models, like the T300.
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