Sony May Consider Options For Smartphone Business If No Profit Next Year

[Ron Burgundy]

By Reiji Murai TOKYO (Reuters) - Sony Corp's chief executive flagged next year as a make-or-break year for its struggling smartphones, saying it could consider other options for the business if it failed to turn profitable. After years of losses, Chief Executive Kazuo Hirai has engineered a successful restructuring drive at Sony, with recent results showing improvement thanks to cost cuts, an exit from weak businesses such as PCs, as well as strong sales of image sensors and videogames. "We will continue with the business as long as we are on track with the scenario of breaking even next year onwards," Hirai told a group of reporters on Wednesday.

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