Sony replaces top TV executive, attempts to boost profits
As of tomorrow, Takashi Fukuda will no longer have his job as Sony's top television executive, and no, it's certainly not an April Fool's joke of any kind. Reportedly, Hiroshi Yoshioka, the current head of the company's audio business, will be taking over and attempting to slash costs and boost profits. Sony's TV unit has been struggling of late to remain profitable in the incredibly competitive flat-panel market, and while its Trinitron CRTs once ruled the roost, tables have certainly turned since. Recently, Mr. Fukuda noted that Sony may have honed in too much on large, high-end sets while overlooking demand for budget-priced TVs, and quite frankly, we couldn't agree more with his assertion. [Warning: Read link requires subscription]
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