Sony has been rumoured to thinking about selling its mobile business due to poor results, and some reports say that if the company doesn't turn profitable in 2016, it will quit the smartphone business. However, it seems like things have changed and Sony has no plans for leaving.

Today, the company has confirmed it has plans to open up a new smartphone factory in the Pathum Thani Province in Thailand, where is has already owned a large production site that is suspended due to massive floods in 2011.

The plant will be owned by Sony EMCS and this will be the first plant for the mobile communications segment in 20 years. The initial investment is around several billion yen and Sony will start mass producing smartphones in fiscal 2016.