Sony game unit says plans to cut jobs in U.S.
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Sony Corp.'s  game unit said on Thursday it planned to cut jobs in the United States and was eyeing restructuring steps in Japan as it struggles to keep up with industry rival Nintendo Co. Ltd. .
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Sony Corp. (6758.T) plans to phase out the cut-priced $499 model of its PlayStation 3 video game machine, leaving only a higher capacity $599 model for sale in the United States, the company said on Monday.
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Sony Corp.  plans to  phase out the cut-priced $499 model of its PlayStation 3 video  game machine, leaving only a higher capacity $599 model for  sale in the United States, the company said on Monday.
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The chip in Sony's initial PS3 versions that enables backward compatibility with older PlayStation games, called the "Emotion Engine," will be eliminated from the structure of new 80GB units, which go on sale in August.
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Sony Corp. 6758.T said on Tuesday it   would cut the price of its PlayStation 2 game console by about   19 percent to 16,000 yen ($138) in Japan as it gears up for the   eagerly awaited launch in November of the PlayStation 3.
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Sony Corp.'s  game unit said on Thursday it plans to cut jobs in the United States, but the scale and timing of the cut have not been decided.
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EquiFirst Corp., a subprime mortgage unit of British bank Barclays Plc , on Tuesday said it will cut an unspecified of number of jobs to cope with the U.S. housing slump.
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Sony Corp. will lower the price of its much-anticipated PlayStation 3 video game console, Kyodo News agency reported Friday, as competition heats up in next-generation gaming between Sony, Microsoft and Nintendo.
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Appliance maker Whirlpool Corp.  said on Tuesday it plans to cut jobs at some U.S. plants and expand production at others.
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TOKYO -- Just when Sony appears to have turned around its electronics business, another part of its sprawling empire _ video games _ is dragging down profits.
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Sony has decided to give up on the music and video download business, choosing to focus on its struggling PlayStation group instead. The closing of Connect would also mean the loss of at least 20 jobs, paidcontent.org reported over the weekend.
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Consumer electronics retailer Circuit  City Stores Inc.  plans another round of job cuts,  affecting about 850 store managers and headquarters staff, the  Wall Street Journal reported in its online edition on Thursday.
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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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Sony Corp.  will cut back on  future chip spending and may not produce advanced chips used in  its PlayStation 3 (PS3) in-house, a senior executive said on  Tuesday, in a move aimed at driving the semiconductor unit's  nascent earnings recovery.
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Sony Corp. plans to cut capital expenditures at its semiconductor operations by a "large amount," a company executive said Tuesday, weeks after the electronics giant reported a drop in profits for the latest quarter.
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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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Sony Corp. is introducing a new version of its PlayStation 3 console in North America in August and cutting the price of the current 60G-byte model by US$100 from Monday, it said.