Tag Archives: Surprises

Sony Surprises With Profit Warning on Sale of Battery Business

HIGHLIGHTS Sony to concentrate on videogames, entertainment and camera sensors Expects JPY 270 billion in operating profit for year ending in March Sony to sell its battery business for about JPY 17.5 billion Sony Corp cut its annual profit outlook due to losses related to the sale of its battery business – disappointing a market that had been hoping for ... Read More »