Sony is considering the sale of their PC business
Sony Corporation is in talks to sell off their PC operations to an investment company called Japan Industrial Partners, according to The Nikkei. Japan Industrial Partners may establish a new company for the operations and the sale price is rumored to be worth around 40 billion yen to 50 billion yen ($391 million to $489 million).
The new company would continue selling the Sony PCs under the Vaio brand and they would also handle the after-sales service. Sony would take a small stake in the company to facilitate the transfer. The company would withdraw from many countries and regions and just focus on areas where the Vaio brand is well-known.
Sony has around 1,000 staff members. Many of these employees would be absorbed by the new company. Others could be transferred to other departments at Sony. It is believed that the Sony PC site in Nagano Prefecture would continue handling research, development, and production for the new company.
The PC business sale would lead to disposal losses, which would cause Sony to see a net loss for the first time in two year for the year ending March 31st.