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Sony introduces new PlayStation 3, cuts prices

Business | Information industry
2009-8-20

SONY Corp slashed the price of the PlayStation 3 around the world in a move that analysts said is likely to boost sales of the game console while not adding much to its money-losing earnings. The Japanese electronics...

Sony posts US$390.5m loss, sticks to forecast

Business | Information industry
2009-7-31

SONY Corp, maker of the hit PlayStation game console, reported a smaller-than-expected quarterly loss but maintained its forecast for more red ink as the company takes a beating from the strong yen and slumping global...

Sony bids US$50 million for Jackson rehearsal film

World
2009-7-21

SONY Corp.'s movie studio has bid US$50 million to acquire the worldwide distribution rights to a film based on rehearsal footage for Michael Jackson's "This Is It" comeback concert series, according to a person...

Sharp ups TV panel production

Business | Home appliance
2009-7-10

JAPANESE electronics maker Sharp Corp said yesterday that it will raise production of panels for televisions to accommodate improving global demand. The company said that it will boost production output by about...

Sharp in talks to make LCD panels here

Business | Home appliance
2009-6-6

JAPAN'S Sharp Corp yesterday said it was in talks with potential partners in China to make LCD panels, taking aim at growing flat TV demand in the world's third-largest economy. Such a move would mark a departure...

Sony plans to reverse losses to test CEO

Business | Information industry
2009-5-22

SONY Corp said it will halve the number of parts suppliers to slash costs under a turnaround plan that's testing the mettle of Chief Executive Howard Stringer. The Japanese electronics and entertainment company...

Sony sees no light at tunnel end

Business | Information industry
2009-5-15

SONY Corp reported its first annual net loss in 14 years and forecast a bigger loss this year, saying the pressure from sliding sales, competition in gadget prices and a strong yen was expected to continue. The...

US$1.3b annual loss posted at Sharp

Business | Machinery manufacturing
2009-4-28

JAPANESE electronics maker Sharp Corp suffered an annual net loss of 125.8 billion yen (US$1.3 billion), its first yearly red ink in nearly six decades, due to declining demand and increasing competition amid the global...

Sony and Comcast join forces to open outlet

Business | Information industry
2009-3-16

DESPITE the poor economy, Comcast Corp and Sony Corp plan to open a retail store tomorrow. The cable TV operator and the electronics firm will use the store to showcase new technologies and products, taking a...

Sharp to eliminate 380 temp positions

Business | Information industry
2008-12-13

SHARP Corp is cutting the jobs of 380 temporary workers at its Japanese plants and shuttering some assembly lines making flat panels to cope with the global slowdown, the electronics maker said yesterday. Sharp's...