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Sony CEO Sees No Electronics Rebound

Reuters: "Japan's Sony Corp has seen no sign of a recovery in the consumer electronics market, Chief Executive Howard Stringer said in an interview published on Sunday.

Sony posted its fourth consecutive quarterly loss last month but narrowed its full-year loss forecast. In the crucial U.S. market, Sony is waiting for Christmas sales. It will have a better idea about them with Thanksgiving holiday discounts at the end of November, he said. In Japan, the situation is the same, but with an aggravator."

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