Sony's mobile business wants to reduce costs 30% by March 2017

Nov 25, 2014

Sony's mobile business wants to reduce costs 30% by March 2017

Sony Corp.’s mobile communication business aims to cut costs by 30 percent over the next two years to meet its goal of reversing the division’s losses. Hiroki Totoki, the newly appointed head of the mobile division, said Tuesday that key reform measures will include ...

Nov 14, 2014

Sony to launch streaming TV service via PlayStation

Entertainment colossus Sony Corp. has announced plans to debut a cable-style TV service delivered through its popular PlayStation video game consoles. Pricing was not disclosed for subscriptions to PlayStation Vue, which will debut with an invitation-only test phase in New York this month and ...

Sony unveils smartphones that double as PlayStation game display

Sep 5, 2014

Sony unveils smartphones that double as PlayStation game display

Sony Corp. has unveiled new mobile devices that also function as displays for PlayStation games, as it adds features to win sales in a market dominated by Apple Inc. and Samsung Electronics Co. The marquee Xperia Z3 smartphone is waterproof and comes with a ...

Sony's sales of PlayStation 4 top 10 million units worldwide

Aug 13, 2014

Sony's sales of PlayStation 4 top 10 million units worldwide

Global cumulative sales of the PlayStation 4 home gaming console topped 10 million units as of Sunday, Sony Corp.’s gaming unit said Wednesday. Sony, which has been struggling to rebuild its electronics business, is positioning the gaming sector as a pillar for improving its ...

Aug 1, 2014

Electronics giants clawing their way back to profitability

Sony and Panasonic on Thursday posted quarterly profits as the pair try to put years of losses behind them, but analysts warned that they still have a lot of work to do to overhaul their bloated businesses. Japan’s electronics sector has been battered by ...

Jul 28, 2014

Sony to sell Minato Ward HQ land to Sony Life

Sony Corp. said Monday it has agreed to sell the land of its headquarters in Tokyo’s Minato Ward to Sony Life Insurance Co. for ¥52.8 billion. Sony aims to complete the deal with the subsidiary by the end of September, it said. The property ...

Sony reports loss 18% bigger than forecast

May 1, 2014

Sony reports loss 18% bigger than forecast

Sony Corp., the maker of Xperia smartphones and PlayStation consoles, posted a loss 18 percent larger than forecast as the company cut earnings for the third time in the past year amid slumping consumer electronics sales. The net loss was ¥130 billion ($1.3 billion) ...