Jan 7, 2016

Sony chief expects slower growth in smartphone sector

Sony Corp. President Kazuo Hirai said Wednesday he expects growth in the smartphone market to slow as it approaches saturation. "I don't think this is a market where double-digit growth will continue," Hirai told media outlets at the International Consumer Electronics Show. "It's been more than ...

Sony's Hirai says turnaround past midway point

/ Oct 8, 2015

Sony's Hirai says turnaround past midway point

Sony Corp.'s struggling electronics businesses have passed the midway point on the way to financial health, President Kazuo Hirai said. "Three years of restructuring are beginning to bear fruit," Hirai told reporters during a group interview in Tokyo on Wednesday. "Except for smartphones, every business ...

/ Oct 7, 2015

Sony spins out semiconductors as Hirai pushes accountability

Sony Corp. will spin out its semiconductor business into a new company as President Kazuo Hirai revamps the devices business to focus on hit products such as image sensors and considers selling underperforming assets. Sony Semiconductor Solutions Corp. will begin operating in April and be ...

Sony bosses to give up bonuses for fourth year straight

/ May 14, 2015

Sony bosses to give up bonuses for fourth year straight

Sony Corp. President Kazuo Hirai and seven other corporate executive officers will give up their bonuses for the fourth consecutive year to take responsibility for the company's massive loss for fiscal 2014, company sources said Thursday. The eight executives, including Executive Deputy President and Chief ...