• Fri
  • Aug 22, 2014
  • Updated: 11:41am

Sony

Sony Corporation originated with an electronics shop set up in 1946 in Tokyo, and was officially christened Sony in 1958. Sony gained a reputation for innovation with the launch of the Betamax videocassette recording format and the introduction of the Walkman in 1979. Although its market share has been eroded by products from Samsung Electronics and Apple. 

Sony chief Kazuo Hirai's apology flags another year of losses

Sony chief executive Kazuo Hirai apologised to investors yesterday after the maker of PlayStation consoles and Xperia smartphones projected a sixth loss in seven years.

Monday, 23 June, 2014, 9:39pm

Restructuring costs force Sony to forecast loss for year

Sony unexpectedly forecast a 110 billion yen (HK$8.4 billion) loss for the fiscal year ending March yesterday, scrapping its previously revised projection of a 30 billion yen profit.

7 Feb 2014 - 6:09am

Sony in talks to sell Japanese PC business

Sony is in talks to sell its Japanese personal-computer business to buyout firm Japan Industrial Partners (JIP), a source said. A memorandum of understanding for a sale, which will include the Vaio brand, may be release. Sony is considering what to do with its PC operations in the rest of the world, which may include closing Vaio or selling more assets to JIP, the source said.

6 Feb 2014 - 4:14am

Sony seeks US patent for hi-tech 'SmartWig' hairpieces

Sony, which popularised portable music players with the Walkman, is seeking a US patent for "SmartWig" hairpieces that could help navigate roads, check blood pressure or flip through slides in a presentation.

28 Nov 2013 - 4:21pm 1 comment

Sony sells 1 million PlayStation 4 gaming consoles in 24 hours

Sony said on Sunday it had sold one million units of its new PlayStation 4 gaming console in the first 24 hours that it was available in the United States and Canada.

The console, which Sony is counting on to kick-start a revival of its consumer electronics business, went on sale on Friday.

18 Nov 2013 - 3:15pm

Sony eyes No 3 global ranking in smartphones

Sony is betting its Xperia Z1 handset will propel it to the No3 spot in the global smartphone market, leaping from seventh place by vaulting past competitors such as LG Electronics and Lenovo.

6 Sep 2013 - 3:51am

Sony says it has over 1 million preorders for PlayStation 4

21 Aug 2013 - 11:37am

Sony rules out partial sale of entertainment business

Sony rejected billionaire Daniel Loeb's call to sell a portion of its entertainment business, saying 100 per cent ownership of the film and music units is crucial to the company's success.

7 Aug 2013 - 2:26am

Sony expected to reject entertainment spin-off: Nikkei

Sony’s board is expected to reject a proposal from activist investor Daniel Loeb, whose fund is the company’s largest shareholder, to spin-off part of its entertainment division, the Nikkei newspaper reported.

1 Aug 2013 - 12:25pm

Shanghai game console plan draws mixed reviews

To attract foreign investment, the South China Morning Post reported yesterday, Beijing will soon allow foreign firms such as Sony, Nintendo and Microsoft to sell their game consoles - provided the products are made in Shanghai's new free-trade zone.

6 Sep 2013 - 8:03am

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