Thursday, May 23rd 02:38 PM IST

Sony assessing spin-off plan; cuts sales targets for cameras, mobiles

May 22, 2013    

Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its electronics business.CEO Kazuo Hirai told a press briefing on Wednesday that Sony would assess a proposal from its biggest shareholder, billionaire Daniel Loeb's Third Point LLC hedge fund, that the group ...

Read More

RELATED TO.
Microsoft Corporation

Microsoft Corporation

ORGANIZATION
Android

Android

PRODUCT
Apple, Inc.

Apple, Inc.

ORGANIZATION
Xbox 360

Xbox 360

PRODUCT
PS3

PS3

PRODUCT
Samsung

Samsung

ORGANIZATION