Most people have at least one Sony-branded item in their homes as they have been one of the biggest electronics companies in the world for quite some time now. So, it may come as a surprise that after an internal review, Sony is expecting losses in the ballpark of $1.7 billion dollars. The Japanese tech giant attributes these losses to their mobile division and will be forced to restructure their strategy to reduce risk and volatility and to guarantee “more stable profits”. According to their report, this will be achieved by releasing less mid-range devices and focusing on premium, top-tier handsets. It should be interesting to see what the future holds for Sony’s mobile division.