2. When two or more persons join together to carry
out a specific business venture and share the
profits on an agreed basis it is called a 'joint

4. SEPARATE SET OF
BOOKS IS KEPT FOR
JOINT VENTURE
NO SEPARATE SET
OF BOOKS IS KEPT
FOR JOINT VENTURE

5. LG Display was formed as a joint
a joint venture between
owned by Starbucks
venture by
Corporationthe Swedish
Sony and and Tata Global
the Korean electronics company
Beverages serves coffee that is
telecommunications
LG Electronics and the Dutch
100% equipment Philips
locally sourced
company Koninklijke and
roasted.
Electronics
company Ericsson

7. Sony ericsson mobile corporation is a joint
venture between japanese consumers
company sony
corporation and the swedish

8. Head quarter:
Hammersmith,
Sony Ericsson was
London,United
Established on
Kingdom
October 1st 2001 Capital: Sony -50%
Ericsson
50%

9. The stated reason for this venture was to
combine Sony's
consumer electronics expertise and consumer
products
knowledge with Ericsson's telecommunication
technology expertise,
that is the technological knowledge in the
communications
sector. Both companies had stopped making their
own mobile phones.

10. Mobile phones
Mobile music device
PRODUCTS
Wireless systems
Wireless voice
devices

11. Be the leading telecom service provider in
India with global presence
Create a customer focused organization with
excellence in customer care, sales and
marketing
Leverage technology to provide affordable
and innovative telecom .Services/products
across customer segments
To experience the joy of advancing and
applying technology for the benefits of the
public

16. On October 27, 2011, Sony announced that it
would acquire Ericsson's stake in Sony Ericsson
for €1.05 billion ($1.47 billion), making the
mobile handset business a wholly owned
subsidiary of Sony.
On February 16, 2012, Sony announced it had
completed the full acquisition of Sony Ericsson.

17. The move was widely It was believed by
anticipated by
many that this would
analysts, who argued improve the outlook
Sony Ericsson could for Sony Ericsson,
become more
because Sony could
competitive in the
take full responsibility
tough smart phone
for the company and
market under sole
use the unique things
Sony ownership. had no strategic value for
that they have.
“Sony Ericsson
Ericsson anymore”

18. Sony and Ericsson's
is now finally split,
with Sony taking over
Ericsson's 50-percent
stake in the former joint
venture. This move has
reportedly cost $1.37
billion to complete and
with it now being fully
Sony-owned, Sony have
renamed Sony Ericsson
to "Sony Mobile

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