Sony To Focus On Mobile, Cameras, and Games, But Won’t Retreat In TV Market

Last Thursday, Sony’s new CEO Kazuo Hirai gave a presentation where he vowed “the time for Sony to change is now.” Sony is dealing with all kinds of competition and the company has not reported a profit since 2008. The situation at the company as very bad as they had to report $6.4 billion in losses this year. Hirai said that going forward, Sony will focus on three businesses: smartphones and tablets, cameras and camcorders, and games. However Sony will not retreat in TVs. “It’s at the center of every home,” said Hirai. “It is part of Sony’s DNA.”

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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