InfoAnda - CEO Hirai to network Sony content and gadgets |

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

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

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

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

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

Iran leader approves Ahmadinejad presidency | 4 August 2009
Beverly Hills adds star power to TV's Real Housewives | | 8 October 2010
Bali victim's father questions Washington trial | 16 January 2010

Halle Berry wins stay away order against intruder | | 13 July 2011

Forum Views () Forum Replies ()

Read more with google mobile : CEO Hirai to network Sony content and gadgets |

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 Summits 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 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 Geraldine Fabrikant 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) Follow Reuters Facebook Twitter RSS YouTube Read Greeks clinch austerity deal, lenders skeptical | 3:48pm EST Obama birth-control rule stokes election-year fight 08 Feb 2012 Beatle's ex-wife says Piers Morgan heard hacked call 12:31pm EST U.S. banks agree to $25 billion in homeowner help | 3:06pm EST West offers words, only, as Syria killing rages | 2:52pm EST Discussed 473 FBI warns of threat from anti-government extremists 196 Job growth seen slowing after holiday boost 147 House Speaker Boehner vows to stop Obama contraceptive rule Watched Huge baby shocks parents Tue, Feb 7 2012 Has Iceland’s Nessie shown itself? Wed, Feb 8 2012 Blizzards pound Japan Wed, Feb 8 2012 CEO Hirai to network Sony content and gadgets Tweet Share this Email Print Related News CEO Hirai to network Sony content and gadgets, be tough on costs 11:59am EST Panasonic headed for record $10 billion annual loss Fri, Feb 3 2012 Nikkei slips ahead of U.S. jobs data, Sony soars Fri, Feb 3 2012 CORRECTED-UPDATE 4-Panasonic to warn of record $9.2 bln annual loss - media Fri, Feb 3 2012 Sony sees $2.9 billion loss, new CEO warns of pain Thu, Feb 2 2012 Analysis & Opinion Buy more yen… to increase reserve returns Press Round-up – January 31 Related Topics Tech » Media » Sony Corp's Walkman, a portable music player, is displayed at the lobby of the company's headquarters in Tokyo February 9, 2012. Credit: Reuters/Yuriko Nakao By Tim Kelly TOKYO | Thu Feb 9, 2012 2:30pm EST TOKYO (Reuters) - Incoming Sony CEO Kazuo Hirai aims to re-shape the company by linking hardware and software through online networks - a model he used at the PlayStation maker's computer entertainment unit. "It's a bigger concept we can grow into a bigger space for Sony overall," Hirai, 51, said in an interview with foreign media at the company's Tokyo headquarters. "It's a business where hardware drives software and software drives hardware, and it's all tied up by the network," he added, referring to efforts to sell games, movies and other content to connected PlayStation owners. Hirai formally succeeds Howard Stringer as CEO on April 1, with the once-stellar consumer electronics brand heading for what it warned last week would be a much bigger-than-expected $2.9 billion annual loss, its fourth in a row. Under intense pressure from investors and ratings agencies to staunch losses at the sprawling electronics group, Hirai pledged not to flinch from tough decisions to trim costs, and renewed a promise to return the TV business to profit in two years. "We have to make some hard decisions on where there are some redundancies and reduce the fixed costs in a variety of different areas," he said, pointing to sales units in Japan, Europe and the United States, supply chains and Tokyo headquarters functions as areas where cuts could be made. Credit ratings agency Standard and Poor's on Wednesday cut its long-term debt rating on Sony and warned it may drop it another notch within a year if Hirai fails to stem TV losses and deliver a significant boost to profitability. Sony was also downgraded by Moody's last month. BIG BLEED The TV division has lost more than $11 billion over eight fiscal years. Together, Sony, Panasonic and Sharp expect to lose $17 billion this year alone, highlighting the savaging of Japan's electronics industry by foreign rivals led by South Korea's Samsung Electronics, weak demand and a strong yen. Better products would, Hirai said, add as much as 40 billion yen ($520 million) in profit, with cost improvements adding another 50 billion yen, as part of a strategy he described as "defense and offense". As well as weak global TV demand, Sony has been hammered by last year's flooding in Thailand that ruptured supply chains, a big one-off charge for exiting a flat panel joint venture with Samsung, and smart competition from Apple and Samsung that has squeezed market share in TVs, smartphones and other gadgets. Hirai predicted that LCD technology would remain the main battlefield in TVs for at least three years, before next generation technology takes hold. Sony shares have jumped 13 percent to a 14-week high of 1,544 yen since Hirai was named as the next CEO. The stock slumped more than 60 percent during Stringer's 7-year reign. A Sony veteran of 28 years, Hirai was credited with reviving the PlayStation gaming operations through aggressive cost-cutting, in competition with Nintendo's Wii and Microsoft's Xbox. A year ago, Hirai, a fluent English speaker, was promoted to head the consumer products and services business, overseeing Sony's network operations. He was also at the forefront of efforts to counter hackers who accessed Sony customers' personal details, including credit card information. He takes over after a period of cost cutting by Stringer, a rare foreign CEO in Japan who sold off TV factories in Spain, Slovakia and Mexico and outsourced more than half of the group's production to outside companies. 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.

Other News on Friday, 10 February 2012
Afghanistan says children killed in NATO airstrike |
Yemen army kills two at anti-election protest |
Romania's new government wins parliamentary approval |
Garzon trial forces Spain to confront painful past |
Italy cruise lawsuits will force higher standards: lawyer |
Apple to reveal latest iPad in March: report |
Path fumble highlights Internet privacy concerns |
Activision's quarterly sales beat expectations |
CEO Hirai to network Sony content and gadgets |
Oracle buying Taleo for $1.9 billion, cloud war brews |
FBI memos paint Jobs as driven, reality-distorting visionary |
Peer-to-peer job sites inspire micro-entrepreneurs |
Lagerfeld makes nice with Adele. Singer proud of her body |
Naomi Watts takes Princess Diana role in new movie |
Home Front debuts at top of Bestsellers List |
Pakistan turmoil expected after PM's contempt appeal rejected |
Homs fears big push by Syrian tanks on stronghold |
Japan priest fights invisible demon: radiation |
Indonesia says would study any barter approach from Iran |
Death toll in Philippines earthquake rises to 35 |
Military kills 11 militants in NW Pakistan: officials |
Mines nationalization not South Africa's policy: Zuma |
Police strike threatens Rio carnival crime wave |
Sony's Hirai to extend PlayStation strategy |
Intel settles NY antitrust case for just $6.5 million |
Analysis: In cyber era, militaries scramble for new skills |
LinkedIn upbeat for 2012 on members, product growth |
U.S. Air Force chief wants affordable new bomber |
Facebook defriending led to double murder, police say |
Catholic leaders to use Internet against pedophiles |
Activision slows World of Warcraft declines |
Paul McCartney finally gets Walk of Fame star |
Suge Knight arrested in Las Vegas |
Convicted Madonna stalker sought by police |
Newcomers and comebacks could yield Grammy surprises |
U.S., China in talks on film spat ahead of Xi visit |
Bombings, bombardments kill across Syria |
Asia giants join Iran diplomacy as sanctions hurt trade |
Syrian officials should be sent to ICC: U.N. rights office |
Insight: Arms and men out of Libya fortify Mali rebellion |
Norway mass killer faces 24-hour psychiatric watch |
Maldives ex-president demands election, warns of protests |
Germany jails Kosovan for life for U.S. airmen murder |
Libya fighters-turned-jailors face heat over prisons |
Exclusive: Eyeing Yahoo deal, Alibaba may take HK unit private |
Alibaba's Ma faces big Yahoo test |
Analysis: In cyber era, militaries scramble for new skills |
Breaking silence, Adele's voice returns on television |
Senegalese film celebrates last day of life |
AMD's Bulldozer Disappoints: Why That's Good News
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01