Sony in talks to sell PC business to investment fund: Nikkei

Tue Feb 4, 2014 12:52pm EST

Logos of Sony Corp. are seen at an electronics store in Tokyo October 31, 2013. REUTERS/Toru Hanai

Logos of Sony Corp. are seen at an electronics store in Tokyo October 31, 2013.

Credit: Reuters/Toru Hanai

Related Topics

(Reuters) - Sony Corp is in talks to sell its poorly performing personal computer business to investment fund Japan Industrial Partners for up to 50 billion yen ($490 million), the Nikkei daily reported.

Under the plan being discussed, Sony would sell its PC business to a new company to be established by the fund and have a small stake in the new firm, the Nikkei reported.

The sale of the PC business would result in disposal losses that would push Sony into a net loss for the first time in two years for the year ending March 31, the Nikkei said.

Japanese broadcaster NHK reported on Saturday that Chinese technology company Lenovo Group was in talks about a possible joint venture to take over Sony's loss-making Vaio PC business overseas.

Sony said the NHK report was inaccurate but acknowledged that it was looking at various possibilities for Vaio. Lenovo declined to comment.

Sony has said it plans to revise the product and manufacturing strategy for the Vaio unit as smartphones and tablets chip away at it PC business.

(Reporting by Supantha Mukherjee in Bangalore; Editing by Ted Kerr)

FILED UNDER:
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (2)
TheLastNomad wrote:
Sony should really focus on their strengths and really become leaders of their industry before diversifying. For example, Sony could really spend their time and efforts into the PS4 and their DSLR cameras, then onto their other products such as smartphones (if they’re brave enough to preform well in the market, etc.) I feel that Sony is trying to do too many things at once and it’s making a negative impact.

Feb 04, 2014 8:59pm EST  --  Report as abuse
DragonNEU wrote:
I think that, Brand “Vaio” was attached with Sony. I can’t find any reason to change it in my mind :( so that, Sony also hasn’t the important strength in Phone Business, Television is competing in the worldwide with very strong opponents such as: Samsung, LG, Toshiba… Almost the biggest problem is their sales, it’s not good in all aspects. So sad!!

Feb 04, 2014 9:19pm EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.