Tax Cloud

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Anti-Hacking Move

Anti-Hacking Move

Twitter beefs up security after hacking spree on media.  Full Article 

HP Raises Outlook

HP Raises Outlook

HP profit down 32 percent, shares up as results beat estimates.  Full Article 

Autism & Technology

Autism & Technology

SAP looks to recruit people with autism as programmers.  Full Article 

Hacking Attacks

Hacking Attacks

Feature: 'Irrational' hackers are growing U.S. security fear.  Full Article 

Sony Outlook

Sony Outlook

Sony to assess spin-off plan; cuts targets for cameras, smartphones.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Sony CEO says aims to expand TV sales from 2014

Related Topics

Stocks

   
Photo

Aishwarya at Cannes

Aishwarya Rai Bachchan marks 12 years at the Cannes Film Festival. Here is how she looked over the years.  Slideshow 

Kazuo Hirai, president and CEO of Sony Corporation, speaks during a Sony news conference at the Consumer Electronics Show (CES) in Las Vegas January 7, 2013. REUTERS/Steve Marcus

Kazuo Hirai, president and CEO of Sony Corporation, speaks during a Sony news conference at the Consumer Electronics Show (CES) in Las Vegas January 7, 2013.

Credit: Reuters/Steve Marcus

TOKYO | Thu Jan 17, 2013 12:34pm IST

TOKYO (Reuters) - Sony, which has spent several years shrinking its television unit, plans to expand sales from next year once the business has stopped losing money, chief executive Kazuo Hirai said on Thursday.

"After ending losses we want to focus at growing sales in the emerging economies," Hirai told a press roundtable at Sony's headquarters in Tokyo.

Sony and other Japanese makers have been hurt badly by competition from foreign rivals lead by Korea's Samsung Electronics (005930.KS), forcing them to halt output of unprofitable models and trim costs in a bid to compete.

Japan's share of the world's flat panel TV market this year likely shrank to 31 percent compared with 41 percent in 2010, according to the Japan Electronics and Information Technology Industries Association.

Hirai last year said the maker of Bravia televisions is doubling down on consumer electronics, with a focus on mobile phones and tablets, cameras and gaming rather than TVs.

(Reporting by Reiji Murai; Writing by Tim Kelly; Editing by Richard Pullin)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.