Sony plans to launch PlayStation 5 for next year's holiday season
Sony Corp.'s highly anticipated next-generation PlayStation will go on sale in time for the holiday season next year. The PlayStation 5 will come with a high-speed solid-state drive, Ryzen processor and Radeon graphics cards from Advanced Micro Devices Inc., 8K resolution video and a unit ...
Sony explains reasons for rejection of plan to spin off semiconductor business
Sony Corp. has clarified why it rejected a proposal by the U.S. hedge fund Third Point LLC that the electronics and entertainment giant spin off its semiconductor business. In June, Third Point announced a $1.5 billion investment in Sony and called on it to split ...
Japan Display to extend Ishikawa plant closure on soft iPhone sales as it mulls next-gen OLED plan
Japan Display Inc. said Friday it will extend the closure of its plant in Ishikawa Prefecture due partly to Apple Inc.'s weak iPhone sales as it considers a plan to make new organic light-emitting diode displays there instead. The struggling panel maker said in June ...
Sony unveils 40th anniversary Walkman with retro screensaver, but no Japan release planned yet
Sony Corp. unveiled Thursday a 40th anniversary Walkman featuring a case and a screensaver that give it the appearance of the original cassette tape music player. The screensaver, which features a cassette tape image, is displayed while music is being played so that the anniversary ...
Sony agrees to acquire Spider-Man video game developer Insomniac
Sony Corp. agreed to buy Insomniac Games Inc., the studio behind last year's hit, Marvel's Spider-Man, as part of a push to stay competitive by acquiring independent game studios. The studio, based in Burbank, California, and Durham, North Carolina, was founded 25 years ago by ...
Hit rewind: Sony Walkman triggers nostalgia on 40th birthday
Once the icon of the Japanese electronics industry and a must-have device, Sony's Walkman turned 40 this year and like its now middle-aged fans is clinging to its youth with high-tech updates. On July 1, 1979, as the global economy suffered through the second oil ...
Japan firms join exodus from China's factories as tariffs bite
Top Japanese companies including Sony Corp., Ricoh Co. and Asics Corp. are orchestrating shifts in production away from China, joining manufacturers from other countries seeking to sidestep U.S. tariffs. Sony said last week that trade-war levies may cause it to raise prices or move production ...
Lower sales of PlayStation 4 spurs Sony to cut fiscal 2019 sales outlook
Sony Corp. cut Tuesday its sales outlook for the current fiscal year through next March to ¥8.6 trillion ($79 billion) from ¥8.8 trillion forecast earlier, after the company lowered its sales expectations for PlayStation 4 hardware. Sony's sales downgrade, which represents a fall of 0.8 ...
'Lion King' roars as 'Avengers' closes in on box office record
The roar of "The Lion King" rattled the cinematic world Sunday as the new Disney film scored a huge debut in North American theaters with an estimated $185 million for the three-day weekend, industry watcher Exhibitor Relations reported. It was frosting on the cake for ...
Kyocera, Lion and Sony team up to test the market for music-playing children's toothbrushes
Brushing small children's teeth can be one of the tougher parts of child rearing, particularly as it can be quite a chore just to get them to sit still long enough to complete the task. To help parents who struggle with this daily ordeal, Kyocera ...
Sony and Daiwa Securities eye ¥20 billion fund to invest in high-tech start-ups
Sony Corp. said Wednesday it will set up a venture fund of around ¥20 billion ($185 million) with a Daiwa Securities Group Inc. unit to invest in prospective startups. Innovation Growth Ventures Co. has been established by Sony and Daiwa Capital Holdings Co. to support ...
On Walkman's 40th anniversary, Sony opens retro exhibition in Ginza
Sony Corp. opened an exhibition Monday in Tokyo's bustling Ginza district to mark the 40th anniversary of its signature Walkman. The handheld audio player debuted on July 1, 1979, offering portable music to ears across the world. In the years that followed, over 400 million ...
