Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.
Business
May 22, 2013
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The U.S. hedge fund manager renowned for shaking up Yahoo Inc. has set his sights on Sony Corp., proposing that the Japanese electronics giant spin off up to 20 percent of its movie, TV and music division and use the money ...
Business
May 14, 2013
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Sony Corp. is back in the black for its fiscal fourth quarter, recording a 93.9 billion yen ($948 million) profit, with big help from a weaker yen that boosts overseas earnings.
Business
May 9, 2013
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LG Electronics Inc. said Wednesday its first quarter earnings shrank to less than one tenth of the year-earlier quarter as its TV business languished, masking a recovery in mobile phone sales.
Business
Apr 24, 2013
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Sony is expected to unveil its next-generation gaming system at a New York event Wednesday evening, a development that would give the struggling electronics company a head start over Microsoft and an Xbox 360 successor.
Consumer & Gadgets
Feb 20, 2013
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(AP)—LG Electronics Inc. said Monday its new smartphone with a full high-definition screen will go on sale in South Korea this week before hitting shelves in Japan in April.
Consumer & Gadgets
Feb 18, 2013
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(AP)—As the yen weakens, famous Japanese exporters from Toyota to Nintendo are getting a boost but the favorable exchange rate also carries risks by insulating some companies from pressure to overhaul their businesses.
Business
Feb 12, 2013
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LG Electronics Inc. reported its first quarterly loss in a year Wednesday after Europe slapped it with a massive fine for price fixing.
Business
Jan 30, 2013
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Sony Corp., the struggling Japanese electronics and entertainment company, is headed in the right direction although its comeback is not yet complete, its chief executive said Thursday.
Business
Jan 17, 2013
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Sony Corp. is finally pressing its advantage as a conglomerate that owns both high-tech gadgets and the content that plays on them by being the only electronics maker to offer ultra-HD TVs—and a way to get movies to the ...
Consumer & Gadgets
Jan 8, 2013
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