Monday, June 29, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Loses Appeal In Case Against Oracle
Google Search Is Favoring The company's Own Services: researchers
Nokia, SKT Team Up On 5G Research
Samsung Has Sold 1 mln Units Of The Z1 Tizen Smartphone
Samsung To Exit The HDD Business
Samsung to Stop blocking Windows Update With New Software
Apple Brings Force Touch Feature To New iPhones
Sony PlayStation Vue Will Soon Not Require A Game Console
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Consumer Electronics > Sony Ac...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, November 19, 2009
Sony Accelerates 3D TV Business To Return to Profitability


Sony is implementing its restructuring plan in an effort to become a leader in the next generation 3D TV and gaming businesses, the company said Thursday.

In an effort to return to profitability, the Japanese company has already cut 19,500 jobs and plans to close 18% of its factories worldwide, reducing the number to 47 sites by May 2010. The company expects to restore its operating profit margin to 5% in fiscal 2012, after reporting a net loss of Y98.9 billion for the fiscal year ended last March.

Sony aims at restoring profitability in their TV and game businesses, according to Sony Chief Executive Howard Stringer. The company plans to focus on developing content and hardware for the 3D television, games and Blu-ray disc player market. 3-D products are expected to launch in the fiscal year through March 2011.

Sony also said it planned to bolster operations in the high-margin business of selling lightweight lithium-ion batteries used in electronic goods. The company also believes that entering the electric vehicle battery business in the near future could be a wise decision.

Sony is also hoping to return its PlayStation business to profitability next year with the help of new hardware devices and expansion of its network-delivered services platform.

Sony wants to grow its PlayStation Network platform, which already delivers game software to the PS3 and PlayStation Portable. Non-game content such as video is already taking its place alongside games in some countries and was expanded on Thursday to customers in the UK, France, Germany and Spain . Digital comics will join the line-up in Japan and the U.S. from December and a music video download service is planned for Japan.

In 2010 a non-game development kit for the PlayStation Network will be released to encourage content providers to develop for the platform.

The Blu-ray Disc player of the PS3 wil be also able to playback 3D content with a firmware upgrade, Sony added.

Sony also plans to launch the Motion Controller next year. The controller will be able to sense and estimate movement and acceleration. The companion PlayStation Eye, a camera with image recognition capabilities, will be also launched.


Previous
Next
EMI Music Brings Music Videos to Hulu        All News        New Diskeeper 2010 Prevents Fragmentation Before It Happens
Iomega And Sonic Solutions To Deliver New High Definition Media Player Products     Consumer Electronics News      New Logos For HDMI Cables Unveilled

Get RSS feed Easy Print E-Mail this Message

Related News
Android M Developer Preview Available for Xperia Devices
First Sony X900C and X910C Ultra-thin 4K Ultra HD TVs Launching
Sony Has Three New Cameras For You
Android 5.0, Lollipop Rolls for the Xperia Z Series, Android 5.1 coming for Xperia M2 and Xperia M2 Aqua
Sony Delivers New Entry-level Professional Camcorder, New 4K Laser Projection Options And Professional Laser and Lamp Projectors
Sony to Acquire Optical Archive As It Enters The Data Center Storage Market
Sony Aims At Growth Phase on Games, Image Sensors
Sony to License Its LDAC Audio Technology
Optical Drive Makers Face EU Antitrust Fines
Sony launches New Xperia C4 and Xperia C4 Dual Smartphones
Camera Sensor And Playstation Sales Kepts Sony's Annual Profit High
Sony Raises Profit Forecast

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .