Financial Times FT.com

Owners weigh Sony Ericsson boost

By Andrew Parker in London and Andrew Edgecliffe-Johnson,in New York

Published: May 7 2009 03:00 | Last updated: May 7 2009 03:00

Japan's Sony and Sweden's Ericsson are preparing for the possibility of having to secure new financing at Sony Ericsson, their troubled joint venture that manufactures mobile phones.

Sony and Ericsson are considering a capital injection, or acting as guarantors on a loan for Sony Ericsson, to strengthen the joint venture's balance sheet.

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