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Latest Sony Canada Stories

2012-04-12 04:20:08

Tokyo, Apr 12, 2012 - (JCN Newswire) - Sony Corporation ("Sony" or "the Company") today announced a series of strategic initiatives to be introduced under the new management team established on April 1, 2012. By implementing a rapid decision-making approach that draws on the strengths of the entire Sony Group as "One Sony", Sony aims to revitalize and grow the electronics business to generate new value, while further strengthening the stable business foundations of the Entertainment and...

Samsung To Buy Out Sony's Stake In LCD Venture
2011-12-26 10:09:24

Japan´s Sony Corp and South Korea´s Samsung Electronics are dissolving their joint venture in liquid crystal display (LCD) panels, with Samsung agreeing to buy out Sony´s entire stake in the LCD venture for $940 million. Sony decided to sell out its stake in the partnership as it struggles to reduce huge losses in its TV business. The joint venture was created in 2004 and was called S-LCD. The venture was supposed to help Sony recover from a lack of flat panel supplies, but...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'