Sony might be gaining share in the LCD TV market, but the overall television segment of Sony Electronics is still losing money.
On Tuesday, Sony announced a change to top management intended to reverse its sagging TV profits. The head of Sony's audio business, Hiroshi Yoshioka, has been tapped to replace Takashi Fukuda, who has run the TV business, the Wall Street Journal reported. The change takes affect Tuesday.
Though Sony has aggressively stepped up its TV shipments recently--it shipped the most LCD TVs worldwide for the last quarter of 2007--profits are a different story. The company said earlier … Read more