New pressure on Sony to sell TV and mobile division

Losses burden the corporation as a whole.
Text: Martin Eiser
Published 2015-01-14

It's not easy being CEO of Sony these days. While PlayStation 4 is doing phenomenally well, some parts of the Japanese corporate giant has huge problems. Mainly, the TV and mobile divisions lose money and it's not looking like it's getting better anytime soon. And so Kazuo Hirai thinks about different options, Reuters reports. Sony management recognises that "no business is forever", one source told the news agency.

No deals are on the table, but thoughts of getting rid of a division or forming a joint venture are there. And it wouldn't be the first hard cut Sony had to do. Last year the company sold its PC business and slashed TV division by cutting 5,000 additional jobs after already having cut 10.000 jobs previously.

We will see what Sony decides to do. But it's easy to see they got problems to see to compete with Asian rivals as well as with high-end manufactures like Samsung and Apple.

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