Smartphone manufacturing and sales is an uber-competitive market, especially in a country like India. Constant innovation and enticing product pricing seem to be working in favour of companies, at least in India. While some new players like Xiaomi, Oppo and Vivo are thriving in this segment, others like Sony are struggling to keep up with changing times. Now, it seems, Sony Mobile India is finally hanging up its boots. During a Corporate Strategy Meeting, Sony revealed that it is completely wrapping up its mobile phone business in India and multiple other regions. The news comes soon after Reuters reported that the company sees its smartphone business as an indispensable asset that shouldn’t be scrapped. So, if you are an existing customer of a Sony handset, here’s what’s happening and what you can expect from the company.

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