Showing posts with label Kazuo Hirai. Show all posts
Showing posts with label Kazuo Hirai. Show all posts

Wednesday, 17 September 2014

Japan's Sony widens its full year loss forecast by $1.7bn

Japanese consumer electronics giant Sony has said it expects to record much bigger losses because of its struggling mobile business.
For the full year to March 2015, Sony now expects a full year loss of 230bn yen ($2.15bn; £1.3bn) compared with a previous estimate of 50bn yen.
The firm has cut forecasts for sales in its smartphone business as it faces competition from Apple and Samsung.
Sony has been reorganising its business in recent years.
The company said