10.05.2005 10:05 PM
Originally featured on BroadcastEngineering.com
Sony restructures

Sony is restructuring the company to streamline its electronics and other business areas.

Newly appointed Sony CEO Howard Stringer, on the job since June, is eliminating about 7 percent of the company's global workforce, closing 11 plants and stopping production in unprofitable electronics units.

The company has begun restructuring and the substantial change abolishes Sony’s centralized company system and instead focuses on and allows semi-independence of newly defined business groups.

Sony will focus on high-definition and surround sound technologies and devices related to HDTV, video, audio, broadcasting and post production. Sony expects to be profitable in television by the second half of fiscal year 2006. Additionally, after rumors to the contrary Sony announced that it will continue to develop products for the Blu-ray DVD disc format and will launch a range of Blu-ray-related, HD and audio surround sound products throughout 2006.

For more information, visit www.sony.com.

Back to the top

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Thursday 11:07 AM
The Best Deconstruction of a 4K Shoot You'll Ever Read
With higher resolutions and larger HD screens, wide shots using very wide lenses can be a problem because they allow viewers to see that infinity doesn’t quite resolve into perfect sharpness.

Featured Articles
Discover TV Technology