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Sony To Cut Tv, Smartphone Lineup; Sees Growth In Playstation, Image Sensors

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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The logo of Sony Corp and a Christmas tree are reflected on the company's 4K television set at the company's headquarters in TokyoBy Reiji Murai TOKYO (Reuters) - Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years. Having lost ground to nimbler rivals like Apple Inc and Samsung Electronics Co Ltd in consumer electronics, Sony said on Tuesday its goal for TV and smartphones is to turn a profit, even if sales slide as much as 30 percent. ...




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