Rumours about Sony selling its mobile business have been quite often lately, but in an interview, the company's CEO Hiroki Totoki has put an end to speculations. He said that all of that were only lies as Sony "will never ever sell or exit from the current mobile business."

Sony had a really bad 2014, resulting in massive losses, and has also sold its Vaio division. All of that were pointing that the sale of mobile division could be possible, but luckily that won't happen. Instead, the company will try to improve performance with more quality devices alongside cutting its costs by 30% by the end of next year.