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 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.
Business
Sep 17, 2014
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The nephew of a Sony founder on Monday started as head of a regional gaming unit, after the Japanese electronics giant sailed past the 10 million mark in sales of its PlayStation 4.
Business
Sep 1, 2014
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(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.
Business
Jul 31, 2014
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Sony Corp. is pulling the plug on its hand-held PlayStation Portable video game machine after 10 years.
Consumer & Gadgets
Jun 3, 2014
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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.
Telecom
Jun 2, 2014
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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.
Business
May 22, 2014
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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.
Business
Apr 28, 2014
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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.
Consumer & Gadgets
Jan 6, 2014
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More than a million PlayStation 4 consoles were sold in the first 24 hours of its release in North America, according to manufacturer Sony.
Consumer & Gadgets
Nov 18, 2013
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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.
Business
Sep 27, 2013
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