Sony is making a loss in certain parts of its business, this includes its mobile division and also its TV division, and now the company may be looking into selling these off.
According to a recent report by Reuters, Sony’s CEO, Kazou Hirai and his team are looking into the possibilities of either selling off these two loss making divisions or looking at joint ventures on them with other companies.
Sony sold off its Vaio computer business last year, the company also spun off its TV business, and cut a number of jobs, the company has cut over 15,000 staff since 2012.
The company is obviously looking to concentrate on the profitable parts of its business, which include its PlayStation 4 and also its camera unit which makes imaging sensors for cameras.
It will be interesting to see what happens to their TV and mobile phone businesses, and whether they decide to sell off these divisions or forma a partnership with other companies on them.
Source Reuters