Sony Bets on Xperia Z1 to Pass LG in Smartphone Race
This article is for subscribers only.
Sony Corp. is betting its Xperia Z1 handset will propel it to No. 3 in the smartphone market, leaping from seventh place by vaulting past competitors such as LG Electronics Inc. and Lenovo Group Ltd.
The Xperia Z1, which comes with a 20.7 megapixel camera and will be in stores this month, will help it gain ground in the U.S. and China to become the biggest rival to Apple Inc.’s iPhone and Samsung Electronics Co.’s Galaxy devices, said Dennis van Schie, Sony Mobile Communications sales chief. The company also announced a zoom lens-style camera for smartphones.