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Sony CEO Predicts 20-Yr High Op. Profit; Says Co. Needs More Innovation

May 25, 2017 by Ted Leave a Comment

Photo of display of Sony TVsSony CEO Kazuo Hirai is feeling pretty good these days. After an incredibly tough turnaround period where many questioned his plan, Hirai said this week that the company expects to book an operating profit of ¥500 billion ($4.5 billion) in the fiscal year ending March 2018, its highest operating profit in 20-years according to a report by the Nikkei. But the CEO admits that, as good as this news is, the company is still short of a full turnaround.

What’s needed for a complete turnaround of Sony’s business? Innovation…

See more on what Sony’s CEO says the company needs to do… [Read more…] about Sony CEO Predicts 20-Yr High Op. Profit; Says Co. Needs More Innovation

Filed Under: Asian Connection, Brands, Industry Trends, Manufacturers, News, People, Products, Strategy, Tech Trends Tagged With: AI, artificial intelligence, Kazuo Hirai, medical, robotics, Sony, virtual reality, VR

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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