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Sony Ericsson guarded on market prospects

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Sony Ericsson guarded on market prospects

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Mobile phone giant Sony Ericsson has said it expects only slight growth in 2010 as last year’s losses met expectations.

The handset and chip maker reported a fourth quarterly pretax loss of 190 million euros for 2009.

The firm has had a grim time following the global downturn as consumers hold back on buying expensive new gadgets.