Stockholm - Mobile telephone maker Sony Ericsson on Friday posted a loss for third quarter 2008, citing "challenging business conditions".
The group posted a pre-tax loss of 23 million euros (30 million dollars) for the quarter, compared to a pre-tax profit of 384 million euros for the corresponding business period in 2007.
Group turnover was 2.8 billion euros, down 10 per cent on third- quarter 2007, the joint venture between Japan's Sony and Sweden's Ericsson said.
Sony Ericsson said it sold 25.7 million handsets in the quarter, flat year on year, but slightly up compared to the 24.4 million handsets sold during the second quarter 2008.