Monday, March 30, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Offers Trade-in Program For Android, Blackberry And Windows Phones
Kingston Releases New USB 3,0 Media Reader
Amazon Starts Offering Home Services
Alibaba Signs Deal With BMG
GIGABYTE Releases ARM Server Solutions
ASUS Transformer Book Chi Available for Preorders
GitHub Under Denial-of-service cyber Attack
LG Launches New AKA Smartphones Globally
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 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 Lollipop Coming On Xperia Z3 And Xperia Z3 Compact
Sony Brings You Cinematic sound With New Sound Bars
Sony Releases New 4K/HD Memory Player
Sony's Project Morpheus Upgraded, Coming in 2016
MWC: Sony Introduces The New Xperia Z4 and Xperia M4 Aqua Tablets
Sony Xperia Z4 Tablet Appears Online With 2K Display
Sony Releases New Wireless Bluetooth Headphones
Sony Launches Memory Card For Premium Sound
Sony To Focus On Games, Sensors
Sony SmartEyeglass Developer Edition SED-E1 Available In March
Sony Releases New OLED Display For Pro Video Production
Sony SmartWatch 3 Stainless Steel Rolling Out

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 .