Sony CEO says no plan to immediately sell off TV unit

TOKYO Thu Feb 6, 2014 2:39pm IST

Shoppers look at Sony Corp's Bravia televisions at an electronics retail store in Tokyo February 5, 2014. REUTERS/Yuya Shino

Shoppers look at Sony Corp's Bravia televisions at an electronics retail store in Tokyo February 5, 2014.

Credit: Reuters/Yuya Shino

Related Topics

Stocks

   
Coal Mining In The Punjab

Coal Mining In The Punjab

In Choa Saidan Shah miners dig coal with crude pick axes and load it onto donkeys to be transported to the surface earning a team of 4 workers around $10 to be split between them.  Slideshow 

TOKYO (Reuters) - Sony Corp (6758.T) Chief Executive Officer Kazuo Hirai said on Thursday that the Japanese consumer electronics company has no plan to immediately sell off its loss-making TV business after selling its personal computer division to an investment fund.

Earlier, Sony, under pressure to shore up profitability in its electronics business, said it would split off the TV division into a separate company by July 2014.

Hirai told a news conference that he has no plan to sell the TV business right now but added that by eventually spinning it off they are headed in the right direction.

"There are many possibilities, not just for our TV business," he said.

(Reporting by Sophie Knight; Writing by Dominic Lau; Editing by Shinichi Saoshiro)

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

  • Most Popular
  • Most Shared

Hacking

TECH SHOWCASE

Samsung Results

Samsung Results

Samsung downbeat on Q3 prospects as profits slide.  Full Article 

Under Scrutiny

Under Scrutiny

Factbox - Google under European regulatory spotlight.  Full Article 

Internet Effort

Internet Effort

Facebook mobile app to offer free, limited Internet in Zambia.  Full Article 

Reducing Workforce

Reducing Workforce

Apple to lay off about 200 people at Beats - Bloomberg.  Full Article 

New Offering

New Offering

Amazon quickens push into tough local services market.  Full Article 

Drone Pioneer

Drone Pioneer

China's drone king says the revolution depends on regulators.  Video 

Telemedicine Service

Telemedicine Service

Khosla-backed startup hopes to bring doctors to patients' mobiles.  Full Article 

Sony Earnings

Sony Earnings

Sony warns smartphone weakness will brake profit progress after Q1 surge.  Full Article 

Reuters India Mobile

Reuters India Mobile

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