As a result the company is abandoning the category of phones offering near-top specifications. Instead it will have a more clear focus on mid-range models, such as the XA1 and L1, and high-end phones, like the XZ Premium. The most expensive phones will feature Sony technology, such as Motion Eye cameras, 4K screens and gigabit connectivity.
The company aims to ship 16.5 million smartphones worldwide this year, up from 14.6 million in the year to March 2017.