A shopper checks out Sony products at a Tokyo outlet. The company has been mauled by tough competition from South Korean competitors, particularly Samsung Electronics, and is selling assets to raise cash. Photo: Reuters A shopper checks out Sony products at a Tokyo outlet. The company has been mauled by tough competition from South Korean competitors, particularly Samsung Electronics, and is selling assets to raise cash. Photo: Reuters
A shopper checks out Sony products at a Tokyo outlet. The company has been mauled by tough competition from South Korean competitors, particularly Samsung Electronics, and is selling assets to raise cash. Photo: Reuters
Sony

Sony selling New York head office for US$1.1b

Japanese electronics giant disposes of US headquarters in a bid to fix its balance sheet

Topic |   Sony
A shopper checks out Sony products at a Tokyo outlet. The company has been mauled by tough competition from South Korean competitors, particularly Samsung Electronics, and is selling assets to raise cash. Photo: Reuters A shopper checks out Sony products at a Tokyo outlet. The company has been mauled by tough competition from South Korean competitors, particularly Samsung Electronics, and is selling assets to raise cash. Photo: Reuters
A shopper checks out Sony products at a Tokyo outlet. The company has been mauled by tough competition from South Korean competitors, particularly Samsung Electronics, and is selling assets to raise cash. Photo: Reuters
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