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LOS ANGELES Sony Corp. plans to cut about 1,000 jobs at its former Sony Ericsson joint venture — now fully owned — as it seeks to cut costs at the smartphone market, the Nikkei business daily reported late Thursday. The cut, which would represent about 15% of the Sony Ericsson workforce, comes on the heels of Sony’s buyout of the JV from former partner Telefon AB L.M. Ericsson earlier this year. Sony’s global smartphone market share came to about 4% in the first quarter of this year, compared to Samsung Electronics Co.’s 31% and Apple Inc.’s 24%, the report cited […]

Sony, Sharp show electronics woes

Sony issued a profit warning Thursday that rebound will be small fSharp widended its full-year loss forecast more than eight-foldBoth invested heavily in flatscreen display TV productionJapan makers can’t compete on price of South Korea and Taiwan rivals(Financial Times) — A profit warning from Sony and a massive loss forecast from Sharp have highlighted the depth of the problems facing Japan’s consumer electronics industry, beset by an expensive yen and evaporating competitiveness in televisions.Sony, which is coming off a Y457bn ($ 5.8bn) net loss for fiscal 2011, on Thursday said that a promised rebound this year would be smaller than […]

Japan’s Volvo along with Panasonic both similarly acquired their sold debts poke positions marked down in February 5th by simply Moody’s Buyers Service, which reported issues per carried upon claims inside their TELEVISION divisions, a fortnight progressing than their sold a little press releases. Volvo will see which severe to prove a combine upon continuous with draging a TELEVISION territory behind to good inside of a subsequent 2 yrs between vicious antithesis as well as additionally a absolute yen, even with receiving out compared with an CRISTAL LÍQUIDO aboard jv together with Special Electronics, Moody’s mentioned. This referred to Panasonic’s financial comment acquired shop-worn since it […]

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