Today, smartphone maker Sony Ericsson announced its Q4 and year-end 2011 performance results. While the company saw a 65 percent increase in sales of its Xperia line of smartphones over Q4 of last year, it still posted a very large loss of 247 million EUR for the year.

Read the full story here.

Sony Ericsson posts big loss in Q4 2011 as it moves away from feature phones