LAS VEGAS -- "We're trying to bring a new experience to TV viewing, trying to combine live TV and access streamed content as well."Read between the lines if you can, because Sony President and CEO Kaz Hirai wasn't dishing a lot of details on the just-announced streaming TV service he revealed during a CES keynote earlier today. But in a short roundtable discussion with a small group of journalists (including CNET) a few hours later, Hirai was clearly excited about the service that Sony promises will come to the US by the end of the … Read more
In a year full of star-studded CES keynotes, Sony CEO Kaz Hirai is as big a name as any.
While it's not clear exactly what Hirai will talk about during his Tuesday morning keynote, it's a sure bet the company's PlayStation 4 will be a centerpiece, as will Sony's wide range of TVs and other consumer electronics.
One possibility is a discussion of mixing content and hardware, and the Wall Street Journal reported that Hirai may unveil a streaming service for the PS4.
Join CNET at 8:30 a.m. PT Tuesday for our live coverage … Read more
Sony's attempt to reassert itself in the smartphone market will start outside the US.
Sony CEO Kazuo Hirai told reporters on Friday that his company's smartphone-related resources will be dedicated to Europe and Japan. According to Reuters, which was in attendance at the talk, Sony's smartphone division has no big plans for the US and China.
"It's not realistic to try to do everything at once," he said, according to Reuters. "In the US, we'll start gradually."
Hirai's decision is not necessarily surprising. Sony has little market share in the … Read more
Sony announced its new flagship Android smartphone, the Xperia Z1, putting the Android phone's camera front and center at the IFA trade show Wednesday.
The waterproof phone, which had been code-named Honami, comes with an expected 20.7-megapixel camera and a host of technologies to make the most of it.
"The Xperia Z1 offers you best-in-class imaging and a revolutionary new way to capture and share your memories," Sony CEO Kazuo Hirai said during a press conference. Hirai is in the midst of a years-long effort to unify Sony's many product families and reclaim glory days … Read more
Sony has put its foot down after being pressured to split itself up by spinning off its entertainment division.
In a letter to Third Point hedge fund founder Daniel Loeb on Monday, Sony President and CEO Kazuo Hirai said the company's board of directors had unanimously decided to reject Loeb's spin off plan. Instead, Hirai told Loeb that Sony intends to continue owning "100 percent of our entertainment business."
A week after Sony Chief Executive Kazuo Hirai uncloaked the company's massive 4K 3D TV, Sony has uncloaked its price, too: $25,000.
People can pre-order Sony's 84-inch XBR-84X900 today, but it won't be in stores until November, Sony said today.
The 4K TV has four times the number of pixels -- 3,840x2,160 -- as a regular HD TV. The 4K label, a bit of a loose term meaning 4,000, refers to number of pixels across the width. Sony is pushing hard to move the industry to 4K video, hoping for a new upgrade … Read more
Sony's troubles during the fiscal year ended March 31 were major -- and its latest financials bear that out.
The company today announced its fiscal-year earnings (PDF), revealing that its revenue slipped by 9.6 percent compared to last year, ending the period at $79.2 billion. What's worse, Sony's fiscal-year loss hit a record $5.55 billion, effectively making it the worst fiscal year in the company's storied history.
Still, Sony tried to keep a brave face on its earnings, saying that its sales declines were primarily due to unforeseen circumstances, including a strong yen, … Read more
Sony's slow but sure descent is also about Japanese companies' obsession with doing things their way, even if it's the wrong way.
I lived in Japan during the peak of its technological and manufacturing heyday -- from 1983 till 1993. The final eight years in Tokyo. Not only did I visit scores of Japanese electronics and computer companies as a journalist (and analyst) but I was also irresistibly drawn to (read: I spent way too much time in) Akihabara -- Japan's electronics retail Mecca at the time.
The reason for the success of companies like Sony and … Read more
The bad news just keeps coming for Sony.
The company informed investors today that a February forecast indicating the company would lose 220 billion yen ($2.7 billion) during the fiscal year that ended March 31 has been revised downward. Sony now expects to post a loss (PDF) of 520 billion yen ($6.4 billion).
Although the steep loss might worry investors who think things are worse than expected at Sony, the revision will not have an impact on the company's operations or cash flow. Instead, Sony has been forced to write off deferred tax credits due to the … Read more
Sony has been in some trouble for quite some time. But next week, the company's new chief executive hopes to allay fears and prove to investors that his new team is on the right track.
Sony's newly installed CEO, Kazuo Hirai, will be host a special event on April 12 to outline his strategy for the coming years. At this point, Sony hasn't divulged any piece of what Hirai will focus on, but it's quite likely he will discuss in far more detail plans for his "One Sony" initiative.
The One Sony initiative was … Read more