Jump to content

Sony scrambles to reverse losses, will split television business into three parts


Recommended Posts

Posted

sony-sign-55.jpg
Sony announced on Monday that it will split its television business into three different branches in an effort to reverse a course that has the arm headed to its eighth consecutive annual loss. The three new branches include LCD TVs, next generation TVs and outsourced televisions, Reuters said on Monday, and the changes will go into effect on Tuesday, November 1st. “By dividing into three divisions, we will make clearer the misson and responsibilities of these,” a Sony spokesperson said. Additionally, Sony is said to be in talks to sell its 50% stake in S-LCD to Samsung, its partner in the joint venture. 
Read

eE96EkQ06PQ

View the full article

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.