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