Sony to Slash Capital Expenditures for Semiconductor Operations
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By Kyodo News International, Tokyo  Feb. 13--TOKYO -- Sony Corp. said Tuesday it will sharply reduce capital  expenditures for its semiconductor operations over the next three years as  part of its efforts to focus on money-making products.
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The semiconductor industry is showing the first signs of slowing growth, trimming purchases of raw materials and production equipment as demand slows, industry executives and analysts said on Tuesday.
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Sony Corp. said on Friday it will eliminate a key microchip from the European version of its PlayStation 3 (PS3) game console, reducing production costs as well as its compatibility with PS2 games.
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Europe's top consumer electronics  group Philips cut the forecast for its closely watched chip  unit on Friday and predicted a significant slowdown for the  semiconductor industry next year.
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Sony Computer Entertainment plans to cut jobs in the U.S. and may restructure Japan operations.
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Toshiba earmarked to gobble firm's chip biz Sony could be set for a big chip payday by backing away from its semiconductor biz and selling it off to Toshiba, if industry rumours prove correct.â¦
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Sony Corp. 6758.T shares fell to a 2    month low on Monday after Toshiba Corp. 6502.T and Fujitsu   Ltd. 6702.T joined the list of PC makers recalling Sony-made   batteries, increasing potential damage to its earnings.
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TOKYO -- Sony's U.S. video-game unit is cutting jobs to become more competitive, the company said Thursday, as the PlayStation 3 machine struggles against rival offerings from Microsoft and Nintendo.
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Sony Corp.  said on Friday it  will eliminate a key microchip from the European version of its  PlayStation 3 (PS3) game console, reducing production costs as  well as its compatibility with PS2 games.
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Sony Corp. has slashed the planned price of its delay-ridden PlayStation 3 by one-fifth in Japan, preparing for a sharp dogfight against cheaper games consoles from rivals Microsoft and Nintendo.
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AMSTERDAM, Netherlands (Dow Jones/AP) -- Royal Philips Electronics NV Friday lowered the outlook for its semiconductors division and its industry growth prediction, giving another indication that the sector is experiencing a slowdown due to high inventory
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Sony said that it was dropping its money-losing rear-projection TV business worldwide to focus on flat-panel technologies.
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Sony Corp. 6758.T shares fell to a   2-1/2-month low on Monday after Toshiba Corp. 6502.T and   Fujitsu Ltd. 6702.T joined the list of PC makers recalling   Sony-made batteries, increasing potential damage to its   earnings.
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Shares in Sony Corp. (6758.T) fell to a 2  month low on Monday after Toshiba Corp. (6502.T) and Fujitsu  Ltd. (6702.T) joined the list of PC makers recalling Sony-made  batteries, boosting the potential blow to its earnings.
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Sony Corp. on Thursday cut its operating  profit estimate for this business year by 31 percent, citing  sharply falling prices of televisions, DVD recorders and other  key products, and weak demand for chips.
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Company also will slash value of its assets by $11.4 billion. Moves are prompted by plan to retreat from traditional consumer telephone business.
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Sony Corp. said on Friday it will  eliminate a key microchip from the European version of its  PlayStation 3 (PS3) game console, reducing production costs as  well as its compatibility with PS2 games.