Related topics: iphone · sony corp

Sony forecasts $2B loss as smartphones lag (Update)

Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.

Sony surprises with first quarter profit

(AP)—Sony Corp. reported a surprise eightfold jump in quarterly profit Thursday as sales got a perk from a cheap yen and its bottom line was helped by gains from selling buildings and its stake in a video-game maker.

Japan test-broadcasts super HD television technology

Japan on Monday began test broadcasts of satellite television programmes in 4K, as major firms including Sony and Sharp bet on the super high-definition technology to rescue their embattled TV units.

CEO: Sony needed to act sooner, but will reform (Update)

Sony Corp. Chief Executive Kazuo Hirai said Thursday the company accumulated huge losses because it didn't respond quickly enough to changing market conditions, but promised a return to profit next year.

Panasonic returns to annual profit on weak yen

Panasonic returned to profit after deep losses for the past two fiscal years, as a weak yen and restructuring efforts helped a gradual recovery, and forecast a 16 percent increase in gains for the coming year.

Sharp unveils TV positioned between HD and 4K

Japanese electronics maker Sharp is bridging the gap between expensive 4K TVs and HD versions with an in-between solution that's also priced in the middle.

Panasonic sells health unit to US buyout firm for $1.67 bn

Panasonic said Friday it was selling a majority stake in its health unit to US buyout firm Kohlberg Kravis Roberts (KKR) for $1.67 billion as the struggling electronics giant overhauls its vast business.

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