Sony-Ericsson Venture In Jeopardy 08.30.02 Ericsson CEO Hellstrom threatens to bail out if handset sales don't pick up.

FORBES: Ericsson Is Still Sliding Downhill

Kurt Hellstrom, the CEO, told investors that Sony-Ericsson needs a market share of at least 10% to break even.

FORBES: The rise of Samsung

Ericsson CEO Hellstrom threatens to bail out if handset sales don't pick up.

FORBES: Sony Ericsson On The Rebound

In August, Ericcson Chief Executive Kurt Hellstrom grumped that if sales didn't pick up soon, he would consider walking away from the joint venture.

FORBES: Magazine Article

Hellstrom last month announced he would retire and will be replaced by Carl-Henric Svanberg , the head of lockmaker Assa Abloy , effective April 8.

FORBES: Magazine Article

If Hellstrom can't lift the sales of Sony-Ericsson handsets, he may find himself competing not with the other big five but with the next wave of competition from Korea and China.

FORBES: Magazine Article

Kurt Hellstrom , CEO of Sweden's beleaguered wireless concern Ericsson (nasdaq: ERICY - news - people ), has thrown a temper tantrum, threatening to bail out of the company's joint venture with Japanese consumer electronics giant Sony (nyse: SNE - news - people ) if sales of mobile phones don't start picking up soon.

FORBES: Magazine Article