The Latest in IT Security

Sony slashes guidance on impairment charge in mobile division

17
Sep
2014

TOKYO (Reuters) – Sony Corp said on Wednesday it now expects a much deeper net loss and will not pay a dividend for this fiscal year, hit by a 180 billion yen ($1.7 billion) impairment charge in its mobile communications segment. The Japanese consumer electronics company now sees a 230 billion yen net loss for the year ending March 31, versus its previous forecast for a 50 billion yen loss. (Reporting by Chris Gallagher; Editing by Chang-Ran Kim)

Tags:  
Comments are closed.

Categories

FRIDAY, APRIL 26, 2024
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments