Sony doubles down on PlayStation 4 as TV and smartphones falter

[Administrator]

In its ongoing struggle for profit, gargantuan Japanese company Sony will focus on boosting the already impressive success of the PlayStation 4 and cut its TV and mobile product lines.
In a conference to investors reported by Reuters, Sony revealed a three-year plan that involves what it predicts will be huge revenue from PlayStation 4 as well as its image sensor business.
It still hopes its flagging TV and smartphones businesses will turn a profit, Sony said, but if they do it will be despite an expected sales slide of 30 per cent.
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