Dragging down the rest of the company Sony's mobile unit posts a quarterly operating loss of $1.6 billion on $2.8 billion in revenue.
The leading maker of mobile chips works to quell concerns about its business prospects and new high-end chip after it disclosed this week that a large customer dropped the chip from a major phone.
The company expects a pretax loss due to changes in pension and post-employment plans and abandonment of certain copper assets.
First quarter for new CEO Marcelo Claure was a rocky one, with growth largely driven by the carrier's wholesale business, but there were signs of progress.
The e-commerce company misses Wall Street expectations and reports a third-quarter loss of $437 million. More critically, it warns that its fourth-quarter revenue will also disappoint.
The world's largest chipmaker by sales continued to post stronger numbers in its PC and data-center businesses, but its mobile unit posted just $1 million in revenue and another huge loss.
The situation is so bad that Sony is suspending its dividend -- the first time it won't be making a payout since it listed in 1958.
The company generated a loss during the three months that ended in June -- a contrast to the small profit a year earlier.
The Korean company saw strong results in smartphones and televisions in the year it abandoned plasma TVs.
The e-commerce company posts a $214 million profit for the holiday season. CEO Jeff Bezos says Prime membership got a boost of more than 50 percent in the quarter.