Feb 5 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
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.
($1 = 101.2550 Japanese yen)
(Reporting by Supantha Mukherjee in Bangalore; Editing by Ted