je.st
news
Tag: sony
Sony vows deeper restructuring, warns of another loss this year
2014-05-14 14:07:34| Electronics - Topix.net
Sony Corp said it would step up a broad restructuring this year to tackle bloated costs and exit some unprofitable businesses, hoping to put behind it years of persistent losses.
Sony forecasts recovery in 2014, led by smartphone growth
2014-05-14 08:51:00| Telecompaper Headlines
(Telecompaper) Sony reported sales for its fiscal fourth quarter to March up 8.1 percent year-on-year to JPY 1.871 trillion, driven by the weaker yen and strong sales of the Playstation and smartphones. Excluding currency effects, sales fell 0.1 percent. The operating result plunged to a loss of JPY 111.8 billion from a profit of JPY 145.4 billion a year ago, and the net result was a loss of JPY 138.2 billion versus a profit of JPY 93.2 billion a year ago. The results were hurt by the earlier announced restructuring charges and asset writedowns on its PC and CD businesses. The mobile division, which produces phones and computers, generated the highest sales in the quarter, up 2.3 percent to JPY 361 billion. Sony said the growth was due to higher smartphone sales and prices, as well as the positive currency effects. The division still had an operating loss of JPY 67.5 billion, versus a loss of JPY 24.6 billion a year ago, as the losses at the PC activities offset a profit from smartphones. With the planned exit of the computer business, Sony expects the division to return to a profit in the current fiscal year of around JPY 26 billion. Thanks to expected "significant" growth in smartphones, sales at the division are forecast to reach JPY 1.53 trillion this year, versus JPY 1.192 trillion last year. Sony expects its smartphone sales in units to grow to 50.0 million this year, after 39.1 million in fiscal 2013. Sony also forecast sales growth and a return to operating profit for its games, devices and home entertainment divisions this year.
Tags: sony
led
growth
recovery
Sony to be unprofitable until 2015
2014-05-14 08:46:13| BBC News | Business | UK Edition
Japanese electronics giant Sony forecasts it will remain unprofitable until 2015 after a restructuring saw it exit the PC business.
Tags: until
sony
unprofitable
VIDEO: Sony struggles to revive profits
2014-05-14 08:02:38| BBC News | Business | UK Edition
Sony is struggling to revive sales and return to profit in the increasingly tough electronics sector.
Tags: video
sony
profits
struggles
Sony swings to full-year loss, but ships 39m smartphones
2014-05-14 02:00:00| Total Telecom industry news
Smartphone recovery a bright spot in a dismal 12 months for Japanese electronics maker.
Tags: loss
sony
ships
smartphones
Sites : [128] [129] [130] [131] [132] [133] [134] [135] [136] [137] [138] [139] [140] [141] [142] [143] [144] [145] [146] [147] next »