Sony Corp. has decided on a plan to fundamentally overhaul its global strategy for its smartphone business by exiting the market for low-priced devices in China, Central and South America, and other developing countries, sources said. The electronics giant will aim to improve profitability through targeted investments in high-priced devices for sale in Japan, the United States and Europe, the ...
An exhibitor adjusts a Sony Corp. digital camera mounted to a drone, developed by Flairics GmbH & Co., at the Commercial Unmanned Aerial Vehicle show in London.
Sony Corp. (6758) may cut its annual sales target for smartphones for the second time this year, according to a person familiar with the matter.
Activist investor Daniel Loeb’s sale of his Sony Corp. (6758) stake removes an annoyance for Chief Executive Officer Kazuo Hirai. The bigger challenges aren’t going away.
More than a year after questioning Sony Corp.'s management approach and sharply criticizing its film and television studio for a handful of box-office flops, activist investor Dan Loeb has sold his shares in the Tokyo-based company.
Daniel Loeb, who runs investment firm Third Point, has sold his stake in Sony Corp., he revealed Tuesday in a letter to investors, TheWrap has confirmed.
Sony Corp. (6758) ’s “Fury,” the World War II drama starring Brad Pitt, led the weekend box office with $23.7 million in ticket sales, drawing a mostly male audience.
NEW YORK (TheStreet) -- Shares of Sony Corp. are down 1.97% to $16.70 after it was reported that the company's growth strategy is on the "brink," according to theaNikkei.a Sony sees Chinese smartphone maker Xiaomi, rather than Apple aor Samsung Electronics , as a model for a way out of its current earnings quagmire, the publication said. Xiaomi has created high-performance, low-price smartphones ...
Sony Corp. was set to begin sale Tuesday of its PlayStation TV in North America.
Oscar-winner Denzel Washington stars in Sony Corp.’s “The Equalizer.” Close Oscar-winner Denzel Washington stars in Sony Corp.’s “The Equalizer.” Oscar-winner Denzel Washington stars in Sony Corp.’s “The Equalizer.”