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

Sony 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 … Continue reading

Massive $6.3 Billion Writedown is Tanking Toshiba, Could It Collapse?

Toshiba Corp. announced yesterday that it will take a $6.3 billion writedown to account for the meltdown of its nuclear division. This amount of writedown is much higher than the markets had anticipated, forcing Toshiba into crisis mode having to … Continue reading

Film Flops Force Sony to Take $1Billion Writedown

Sony Corps’ struggling film division, which hasn’t seen a major hit movie in a long while, has finally forced the company to take a writedown against third quarter earnings of a substantial $1 billion. The difficult decision was necessary to … Continue reading

Strata-gee Editor on Latest ResiWeek Podcast

ResiWeek, a podcast from AVNation.tv focused on the residential audio/visual market, once again invited Strata-gee editor Ted Green to participate on this week’s episode, recorded on Monday, January 9 and hosted this week by AVNation founder Tim Albright. The show, … Continue reading

LG Display Signs Deal to Supply Sony with OLED Panels

This Could Mean War with Samsung’s Quantum Dot Tech Korea’s ETNews network is reporting this week that, after weeks of negotiation, LG Display and Sony have signed a comprehensive deal for the supply of OLED panels to be used in … Continue reading

After Years of Cutbacks, Sony Says It’s Time to Drive Sales

Sony Marketing Discusses Growth Plans with Japanese Media Sony told the Nikkei this week that – to paraphrase – after years of painful dieting, the company has reached its fighting weight and is ready to go to battle to grow its sales … Continue reading

7 Top Trends at CEDIA 2016

With CEDIA 2016 now over, those of us in the media are left to try and uncover the underlying themes in order to help our readers wrap their heads around just what this particular CEDIA (formerly referred to as the … Continue reading

Sony Launches ‘Magic Bus’ to Promote Hi-Res Audio…for the Car

Is the Car the Best Place to Hear Hi-Res Audio? Sony Electronics Corp. and Whitledge Designs have partnered to promote Hi-Res Audio – for the car – through Whitledge’s demonstration vehicle known as the “Magic Bus.” The partners say the … Continue reading