The company’s efforts to compete in the low-margin Android handset business haven’t been a huge financial success  Sony Ericsson posted a €247 million loss (about $325 million) for fiscal 2011, citing intense competition, despite a 65 percent year-on-year increase in Xperia Android Smartphone sales. A wholly-owned platform building on the company's strengths in Gaming could provide a key differentiator as Sony expands its mobile operations. When asked about the feasibility of porting smartphone apps to the Vita platform, Sony’s deputy president Kunimasa Suzuki responded by saying, "that’s exactly why we’re going to be putting energy into building up PlayStation Suite this year."

Source: theverge