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Sony Ericsson has announced its Q1 2008 results, which are not impressive. The company's sales have increased just only by 2%. Their mid to high -end mobile handsets have experienced a slowdown. The company says that their R&D costs have gone up, which has affected their sales. Even Nokia got a set-back in Q1 results where its global market share came down by 1% but the company experienced a surge in profits.

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