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Kazuo Hirai, now head of the company's videogame group, will be Sony's next president, Nikkei reports. Howard Stringer remains chairman and CEO.
The struggling electronics company appoints Howard Stringer, already chairman and CEO, as company president amid a reorganization of its business units.
According to an article in Digitimes, Sony is looking to capture 50 percent global market share for its Blu-ray products in 2008.
What did Sony mean when the company said there would be no PlayStation 3 price cut?
Rumors circling around a Circuit City flier indicate that the PlayStation 3 might be getting a price drop soon.
Sony says it sees no need to change its target to ship 2 million units of its PlayStation 3 game console worldwide.
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Sony Walkman continues its tumble
Chief Howard Stringer admits past missteps but pledges to change: "We must fight like the Sony warriors that we are."