Apps Aid
 |
Technologists say apps can aid in Asia
Tech innovators and app designers attending the recent "Apps For Asia - Redesigning Development" programme in Uttar Pradesh, say technology holds the answer to many of Asia's poverty-related problems Watch video
REUTERS SHOWCASE
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
Sony shares drop 3 pct after turnaround plan
Sony Corp's logo is pictured at the company headquarters in Tokyo April 12, 2012.
Credit: Reuters/Yuriko Nakao
TOKYO |
TOKYO (Reuters) - Shares of Sony Corp (6758.T) dropped more than 3 percent on Friday after new CEO Kazuo Hirai mapped out a revival plan to return the consumer electronics maker to profit and compete better with rivals Apple (AAPL.O) and Samsung Electronics .
Some analysts voiced concern that the revival plan, outlined on Thursday, didn't go far enough, as Sony struggles to emerge from four years of losses and regain the innovative flair of its 1980s glory days.
Sony shares were last down 3 percent at 1,482 yen after dropping to 1,474, their lowest since early February.
(Reporting by Chris Gallagher; Editing by Paul Tait)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters