Sony to Close U.S. Stores, Sell Tokyo Headquarters
Sony this week announced plans to shutter two-thirds of its U.S. retail stores. It will keep several open, including its New York City flagship location. The move is being made as part of a cost-cutting measure. Along with the store closings, Sony plans to cut about 1,000 jobs in the U.S. and Mexico, amidst global cuts of 5,000. Last, Sony said that it plans to sell its old headquarters building in Tokyo. Sony used the building, which is now a home for several other businesses, from 1990 to 2007. The planned sale of its old headquarters follows Sony's sale last year of its Madison Avenue building in NYC for $1.1 billion. Sony announced several new devices at Mobile World Congress this week, including the Xperia Z2 and M2 smartphones, the Z2 tablet, and the SmartBand wearable.
Hands On with the Sony Xperia XA2 and XA2 Ultra
Sony debuted several new smartphones at CES this week in Las Vegas, including the Xperia XA2, XA2 Ultra, and L2. The XA2 and XA2 Ultra share nearly every feature other than screen size and battery capacity.
Sony Says Xperia Z5, Z5 Compact Reaching US February 7
Sony today announced that the Xperia Z5 and Xperia Z5 smartphones will go on sale in the U.S. on February 7.
Sony to Shutter Online Store August 28
Sony is telling visitors to its online web store that the site will cease taking orders and shut down on August 28. Sony's web store is one of just a handful of places to purchase its Xperia-branded smartphones in the U.S.
Sony Buys Image Sensor Corp, to Sell Publishing Unit
Sony is making more moves to reorganize its varied businesses, including the purchase of an image sensor company and the potential sale of its music-publishing business. First, the company has acquired Softkinetic Systems, based in Belgium, for an undisclosed sum.