Sony

Shares in Sony Corp slumped more than 7 percent to near 32-year lows, as investors doubted the Japanese consumer electronics giant has a strategy to fix its loss-making TV business

Japanese consumer electronics giant Sony Corp posted a record net loss of $5. 74 billion last year but expects a return to profit this year as it trims losses

Sony Corp. 6758

Sony Pictures Television has picked up 30 per cent stake in MAA TV, a Telugu four channel network for an undisclosed sum. The dea,l which is expected to be

Sony Corp will cut 10,000 jobs, or about 6 percent of its global workforce, by as early as the year-end, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai comes under pressure to return the Japanese consumer electronics and entertainment company to profit after four years in the red.

Credit rating agency Standard and Poor's today lowered rating of Japanese electronics and entertainment giant Sony less than a week after the company announced woeful results.

S&P dropped its assessment