• Kyodo

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Sony Corp. might sharply downsize its smartphone operations in China because business is unlikely to grow against competition from popular local rivals, company sources said Thursday.

Sony, which on Wednesday warned of a bigger loss than previously projected for fiscal 2014 ending March due to the flagging smartphone business, plans to eventually pull out of the market in the world’s second-largest economy as part of turnaround measures it aims to compile by around November, the sources said.

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