Sony ex-chairman warns on future

Japan's consumer electronics industry is dying, Sony's former chief says.

Consumer electronics firms in Japan needed to merge and adapt to a world where the TV was becoming a portal to the internet, Nobuyuki Idei said.

Mr Idei, who is still chief corporate adviser to the company, said Sony had suffered from high costs during a period of global competition.

Meanwhile, other countries' firms had powered ahead - with Korean firms in particular winning new business.

Read Full Story >>
The story is too old to be commented.
Deceased5901d ago

I hope not then Nintendo will have exploding batteries in the Wii-mote.