kowenicki said:
theprof00 said:
kowenicki said:
Lostplanet22 said:
Galaki said:
kowenicki said:
Surprised this hasnt been posted, this is quie a big deal.
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It's not posted because people'd get yelled at for posting negative Sony news.
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With shares going up and losing one part that is responsible for quite some losses I would rather call this positve news if anything.
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bitter-sweet
they have taken a big loss as a one off to facilitate this and if it doesnt work then its the end of sony tv's i think.
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I'm struggling to figure out what you're calling the loss here.
Is it the sellback price falling short of the original investment?
Also, it looks like it says LCDs. Why are you saying they'd pull out of the tv business altogether?
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$1.5 or $1.6bn on the balance sheet just evaporated and was bought out a lower price... thats a loss.
Sell your house for half its value... thats a loss.
I'm not saying they will pull out of the business all together... I am just saying that possibility is now more likely and is easier to achieve for Sony.
Put it this way... I'm pretty sure flogging off a number of large TV manufacturing plants all over the globe and then selling this to Samsung having earlier sold the smaller screen (less than 32") manufacturing facility to the Janapese government owned "japan display" isnt exactly a list of initiatives aimed at growing the TV business.
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LCD is old tech? Maybe a move for the future
