SONY DISCUSSING SALE OF PERSONAL COMPUTER BUSINESS

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Electronics giant, Sony is reported to be in talks over the sale of its loss-making personal computer business Vaio to investment fund Japan Industrial Partners for up to US$490 million).

According to Asian business publication Nikkei, Sony is prepared to sell its PC business to a new firm established by Japan Industrial Partners and take a small stake. Sony recently said it plans to revise its strategy over Vaio, with smartphones and tablets affecting PC sales worldwide.

Global PC shipments fell by 6.9 per cent to 82.6 million units in the fourth quarter of last year, the seventh consecutive quarter shipments have declined. Though its PC business is running at a loss, Sony’s release it the PlayStation 4 (PS4) has been a success, with over 2.1 million consoles sold globally within a month of the device’s launch on November 15.

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