AfterDawn: Tech news

Sony would consider selling struggling mobile division

Written by Andre Yoskowitz @ 14 Jan 2015 12:51 User comments (4)

Sony would consider selling struggling mobile division According to new reports, Sony CEO Kazuo Hirai is open to selling the company's struggling mobile division.
Besides a potential sale, there is also the possibility of a joint venture with another partner.

Sony has been actively trying to turn their businesses around, selling off assets and focusing on more "core" divisions but there has been little success. The company is facing a near $2 billion loss for the fiscal year ended in March, and the company has not been profitable in the last 6 years with the exception of a tiny net profit in 2013.

On the positive side, Sony's PlayStation division and their imaging sensor businesses are very successful but other businesses continue to destroy the bottom line.

Source:
Reuters

Tags: sony mobile
Previous Next  

4 user comments

114.1.2015 15:38

Was it Sony entertainment division that crippled the hardware division. Every new product was crippled before it left the drawing board. Great products but crap restrictions on their use.

215.1.2015 09:48

Sony just can't roll like they used to. Shame....great products.

316.1.2015 08:35

On the upside, they'll be releasing a high def portable audio player that will sell for around a thousand dollars. I'm sure those will just fly off of the shelves.

416.1.2015 09:29

Originally posted by hearme0:
Sony just can't roll like they used to. Shame....great products.
Yep...agree...sort their security and listen to the end user...

Comments have been disabled for this article.

Latest news

Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets (06 Jun 2023 9:19)
Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
Neato, the robot vacuum company, ends its operations Neato, the robot vacuum company, ends its operations (02 May 2023 3:38)
Neato Robotics has ceased its operations. American robot vacuum pioneer founded in 2005 has finally called it quits and company will cease its operations and sales. Only a skeleton crew will remain who will keep the servers running until 2028.
5 user comments
How to Send Messages to Yourself on WhatsApp How to Send Messages to Yourself on WhatsApp (20 Mar 2023 1:25)
The world's most popular messaging platform, Meta-owned WhatsApp has enabled sending messages to yourself. While at first, this might seem like an odd feature, it can be very useful in a lot of situations. ....
18 user comments
How to Enable Bluetooth on Stadia Controller How to Enable Bluetooth on Stadia Controller (11 Feb 2023 1:04)
Google shut down its streaming game service Stadia late last month and this means that some people have Stadia controllers lying around that seem to be of no use. That is fortunately not the ....
2 user comments
Guide: How to Kick Unwanted Guests from Your Netflix Account Guide: How to Kick Unwanted Guests from Your Netflix Account (26 Jan 2023 2:14)
Sharing a Netflix account with a person in a different location is possible and indeed very common, although the company doesn't necessarily enjoy this behavior from their customers. However, ....

News archive