Tag: Loss
Samsung to Acquire Sony’s Share of Their LCD Joint Venture Stake...
Seoul, Korea—Sony will sell its nearly 50% share in an LCD joint venture with Samsung Electronics to the South Korean company for $940 million,...
Sony Issues Revised Forecast with Unexpected Profit
Tokyo, Japan, May 11, 2010—Sony Corporation announced it will see a narrower-than-forecast annual loss and an unexpected operating profit, attributed to cost cuts,...
Sony & Panasonic Report Huge Losses
Sony has announced an annual operating loss of $1 billion, their first since 1995 when a faltering movie division accounted for the decline. This...