Sony Denies Pullout From Plasma TV Biz
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Sony has not decided to terminate the business, and it will continue manufacturing and selling plasma display panel TVs, a Sony spokesman said.
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Blog: Sorry or not, though, the company says it has no plans to withdraw the game from the market.
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JAPANESE giant Sony has denied a report it plans to withdraw from the plasma television business but said its priority in flat-panel TVs remains in liquid crystal display (LCD) sets.
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The company won't say why it's delaying the launch of its hotly anticipated gadget for streaming video from Macs to televisions. By the Associated Press.
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Electronics giant rolls out 102-inch high-def plasma TV for demonstration purposes only but plans to offer an 80-incher this year.
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A REPORT IN the Japan Times which suggested that Sony is reducing its investment in plasma TVs and could exit it completely has been denied.
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Sony Corp. (6758.T) on Wednesday said it had no plans to abandon the market for plasma-screen television sets in the United States in the near term, though it did not say specifically what its intentions were internationally.
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Microsoft Corp does not expect sales of its Xbox 360 game console to suffer if Toshiba Corp discontinues HD DVD technology, Microsoft said in a statement on Monday.
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Reports that Toshiba will halt production of its high-definition video format leaves analysts declaring Sony the victor.
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By Kyodo News International, Tokyo  Jan. 31--TOKYO -- Pioneer Corp. said Wednesday it has decided to postpone  its plan to build a new integrated plant for plasma TVs in the city of Minami  Alps, Yamanashi Prefecture, in the face of sluggish sales.
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Blog: What did Sony mean when the company said there would be no PlayStation 3 price cut?
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Japan's Sony Corp. does not expect a sharp recovery in the profitability of its home electronics business during the crucial October to December quarter, citing high costs to develop flat-panel televisions and a shrinking market for home audio goods.
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Philips did not on Monday rule out a sale of its TV business, which is suffering from low margins, but said it would for now focus on being more selective in what products it offers where.
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Sony Online Entertainment on Sunday denied an Indian media report that said Zapak Digital Entertainment Ltd, part of the Anil Ambani-led ADAG group, was buying Sony Online and said the company was not up for sale.
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Scandal-hit Japanese carmaker Mitsubishi Motors denied reports that it was negotiating a business link with PSA Peugeot Citroen Group of France.
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Hitachi has released a statement denying that it has sagreed to sell its disk drive business to a U.S. private equity firm.
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Sony, the world's largest consumer-electronics group, is having trouble meeting soaring demand for flat televisions as its assembly lines did not gear up quickly enough, a senior official said on Friday.