myhui
New Head-Fier
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- Dec 6, 2004
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Does this mean no more Sony headphones?
Maybe worse, no more Sony audio equipment period?
Quoting June 24, 2005 WSJ article:
http://online.wsj.com/article_print/...368003,00.html
Sony Corp. will narrow the focus of its research and development to only promising areas such as next-generation video equipment, mobile phones and flat-panel televisions, the company's new president said.
Offering a glimpse of where new management is looking to lead the Japanese electronics maker, Ryoji Chubachi also said Sony would continue restructuring its sprawling operations while cultivating new businesses to drive earnings growth.
"While we have not made this public, internally we have been looking at several areas within our R&D from which we could potentially withdraw," Mr. Chubachi told a news conference Thursday, flanked on his right by Howard Stringer, the newly appointed chairman and CEO.
"I can't give details right now on what those areas will be, but I will [in the future] make it clear exactly what we will and will not do," he added, referring to Sony's R&D spending, which is expected to total 520 billion yen ($4.8 billion) this business year.
Messrs. Stringer and Chubachi were overwhelmingly approved by shareholders Wednesday, succeeding Nobuyuki Idei and Kunitake Ando, respectively, who resigned from top management to take responsibility for the company's slumping earnings.
Maybe worse, no more Sony audio equipment period?
Quoting June 24, 2005 WSJ article:
http://online.wsj.com/article_print/...368003,00.html
Sony Corp. will narrow the focus of its research and development to only promising areas such as next-generation video equipment, mobile phones and flat-panel televisions, the company's new president said.
Offering a glimpse of where new management is looking to lead the Japanese electronics maker, Ryoji Chubachi also said Sony would continue restructuring its sprawling operations while cultivating new businesses to drive earnings growth.
"While we have not made this public, internally we have been looking at several areas within our R&D from which we could potentially withdraw," Mr. Chubachi told a news conference Thursday, flanked on his right by Howard Stringer, the newly appointed chairman and CEO.
"I can't give details right now on what those areas will be, but I will [in the future] make it clear exactly what we will and will not do," he added, referring to Sony's R&D spending, which is expected to total 520 billion yen ($4.8 billion) this business year.
Messrs. Stringer and Chubachi were overwhelmingly approved by shareholders Wednesday, succeeding Nobuyuki Idei and Kunitake Ando, respectively, who resigned from top management to take responsibility for the company's slumping earnings.