Related topics: sales · net profit · sony corp · fiscal year · operating profit

Sony more than doubles net loss forecast to $6.4 bn

Japan's Sony on Tuesday said it would book a net loss of about $6.4 billion in the year to March, more than double its previous forecast amid sweeping changes at the struggling electronics giant.

Foxconn agrees to buy Japan's Sharp Corp. at reduced price

The Taiwanese company that assembles Apple's iPhones agreed Wednesday to buy control of financially struggling Sharp Corp. for $3.5 billion in the first takeover of a major Japanese electronics producer by a foreign company.

Nintendo says strong demand for Wii U games (Update)

Nintendo said Tuesday its operating profit soared, as it pointed to strong demand for Wii U console games including shoot-em-up hit "Splatoon", but holiday sales fell and the positive impact of a weak yen hit its bottom line.

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