Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Technology
Media
Small Business
Legal
Deals
Earnings
Social Pulse
Business Video
The Freeland File
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
India Insight
World Video
Reuters Investigates
Decoder
Politics
Politics Home
Election 2012
Issues 2012
Candidates 2012
Tales from the Trail
Political Punchlines
Supreme Court
Politics Video
Tech
Technology Home
MediaFile
Science
Tech Video
Tech Tonic
Social Pulse
Opinion
Opinion Home
Chrystia Freeland
John Lloyd
Felix Salmon
Jack Shafer
David Rohde
Bernd Debusmann
Nader Mousavizadeh
Lucy P. Marcus
David Cay Johnston
Bethany McLean
Edward Hadas
Hugo Dixon
Ian Bremmer
Mohamed El-Erian
Lawrence Summers
Susan Glasser
The Great Debate
Steven Brill
Jack & Suzy Welch
Breakingviews
Equities
Credit
Private Equity
M&A
Macro & Markets
Politics
Breakingviews Video
Money
Money Home
Tax Break
Global Investing
MuniLand
Unstructured Finance
Linda Stern
Mark Miller
John Wasik
James Saft
Analyst Research
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Money Clip
Investing 201
Life
Health
Sports
Arts
Faithworld
Business Traveler
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Reuters TV
Reuters News
Article
Comments (0)
Slideshow
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Seven U.S. soldiers wounded after Afghan NATO base attacked
|
11:27am EST
Oscars aim for surprises to spice up show
3:17pm EST
Maine's biggest lobster returned to Atlantic Ocean
24 Feb 2012
G20 works on huge rescue deal for April
|
3:12pm EST
Syria referendum goes ahead amid military onslaught
|
3:10pm EST
Discussed
110
Afghans begin second day protest at Koran burning
95
Analysis: Can United States defuse Koran burning uproar?
94
Taliban urge Afghans to attacks Westerners
Watched
Sacha Baron Cohen gets a warning from Oscar
Fri, Feb 24 2012
Video shows exact moment of train crash in Argentina
Thu, Feb 23 2012
Treasure returned to Spain.
Sat, Feb 25 2012
Sony returns to smartphones with new models
Tweet
Share this
Email
Print
Related News
Rise in identity fraud tied to smartphone use
Wed, Feb 22 2012
Ericsson buys BelAir to boost WiFi offering
Tue, Feb 21 2012
UPDATE 2-Vestas leans on Sony arm in search for chairman
Thu, Feb 16 2012
Google gets U.S., EU nod to buy Motorola Mobility
Tue, Feb 14 2012
Olympus expects net loss, but core business seen unscathed
Mon, Feb 13 2012
Analysis & Opinion
Rest easy, MBS investors: You’re protected in mortgage settlement
Facebook’s biggest risk lies in palm of your hand
Related Topics
Tech »
Media »
1 of 2. Sony Ericsson's President and CEO mobile conmunications Bert Nordberg attends a news conference during the Mobile World Congress in Barcelona February 26, 2012.
Credit: Reuters/Gustau Nacarino
By Tarmo Virki
BARCELONA |
Sun Feb 26, 2012 2:49pm EST
BARCELONA (Reuters) - Sony Corp. declared a return to the smartphone business on Sunday, unveiling its first smartphones under the Sony brand, but warned the group's painful transition would not be as fast as rebranding.
Kazuo Hirai is due to formally take over as Sony CEO on April 1, replacing Howard Stringer. Hirai said that while some management changes had already been identified there was still a long way to go to "explain to everybody who's doing what."
"People have these lofty expectations that we're going to have all the answers to all the problems that plague the world on April 1," Hirai said in an interview at the Barcelona Mobile World Congress. "We're not going to have that."
The once-stellar consumer electronics brand is heading for what it has warned would be a much bigger-than-expected $2.9 billion annual loss, its fourth in a row.
The surge of red ink has put Hirai under intense pressure from investors and ratings agencies to quickly staunch losses at the sprawling electronics group.
Hirai was at the Barcelona Mobile World Congress to unveil two new Android-powered smartphones, Xperia P and Xperia U, carrying the Sony brand.
Sony completed the purchase of Ericsson's 50 percent stake in the Sony Ericsson joint venture on February 16, a deal originally announced last October.
The newly renamed Sony Mobile Communications is headed by Bert Nordberg, Sony Ericsson's chief executive from 2009.
While both Hirai and Nordberg stressed that their message to Barcelona was that Sony was back in the phone business, Hirai said that Sony Mobile Communications would be integrated within Sony as a whole.
"Sony Mobile Communications needs to work in lockstep with the rest of Sony Corp. It may be a separate corporate entity but the way in which we operate and work together needs to be transparent and seamless as if it were one organization," he said.
He pointed to Sony Computer Entertainment Inc, the company responsible for the PlayStation and other gaming products, which remained a separate entity but was fully integrated when it came to discussing products and unifying the experience of users.
"That's the way I envision Sony Mobile Communications working as well," Hirai said.
He said work had already started on making that happen, but did not offer specifics.
Hirai said that he had identified four pillars that Sony would focus on, comprising the core businesses of digital imaging and gaming; marrying mobile devices with other Sony technologies, content and services; turning the struggling TV business around, and identifying new markets such as the medical business.
Both Hirai and Nordberg agreed Sony Ericsson had been hamstrung by having two equal partners, which had slowed down decision-making and getting products to market.
"50:50 was a problem ... I would never take a 50:50 job again," Nordberg told Reuters.
The priority now, Hirai said, was to have a portfolio of products and work with carriers to ensure they "get into the hands of users as quickly as possible."
"It's a very brutal industry and it moves very quickly," Nordberg said. "Every week is a new era in this industry and every competitor announces something, so it's a big, big race going on."
(Reporting By Tarmo Virki, writing by Jeremy Wagstaff; Editing by Diane Craft)
Tech
Media
Related Quotes and News
Company
Price
Related News
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Support
Corrections
Advertise With Us
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Podcast
Newsletters
Mobile
About
Privacy Policy
Terms of Use
Copyright
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.