Sony is in talks to sell its money-losing PC business to an investment fund and focus on smartphones, according to a Japan-based report.
The Japanese electronics giant is in discussions with Japan Industrial Partners, an investment fund, to "unload its sluggish personal computer operations," according to a report in Wednesday's Nikkei.
The fund will establish a new company that would take over Sony's entire PC business, the report said. The sale price is estimated to be 40 billion yen to 50 billion yen ($391 million to $489 million), Nikkei reported.
An earlier rumor that Sony was … Read more