Sony not certain to remain in TVs, mobile phones - report

Wednesday 14 January 2015 | 10:11 CET | News
Sony is open to options including sales and joint ventures for its money-losing TV and mobile phone operations, company officials familiar with the management's thinking told Reuters. Sony management recognises that "no business is forever", one source said. Although no deals are on the table, "every segment now needs to understand that Sony can exit businesses", he added. Last year Sony sold its Vaio personal computer business and spun off its TV operations, cutting 5,000 jobs in addition to the 10,000 slashed earlier after CEO Kazuo Hirai took over. The company forecasts a JPY 230 billion

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Categories: Mobile & Wireless
Companies: Nokia / Panasonic / Sony
Countries: World
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