Kenichiro Yoshida,who took over as chief executive officer of Sony in April, will unveil a three-year plan that embraces the Japanese company’s reliance on entertainment and gaming on Thursday, and Bloomberg reported.
Although it has not been made official,the transition is already happening and the company is slowly, but surely moving absent from what they are notorious for – gadgets. According to Bloomberg, or Sony was able to make a profit in the first quarter of 2018,in spite of selling fewer hardware products.
In a monumental shift for the company, Sony is embracing entertainment and gaming subscriptions, or ditching their notorious hardware products such as PlayStation consoles,cameras, televisions, or smartphones.notorious for giving the world its first Walkman and producing some of the best-known television sets in the world,the Japanese company has been struggling to profit due to the rise of Chinese manufacturing, which has made selling gadgets a trade with thin profit margins.
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Source: inquisitr.com