kowenicki said:
Not neccesarily negative though.... it might be, but it might not be. Yes its a large kick in the bollocks right now (almost a $1bn kick in the nuts) but it may help them reduce losses in the TV area. This is clearly last chance saloon for the TV business though and my take though is that there is a good chance Soy could exit TV's all together if this move doesnt work in the next 24 months. They now only manufacture panels in conjunction with Sharp (Sony have 7% of that venture) so all they will be doing is taking other peopels panels and wrapping them in a sony box. They need to be cheaper to compete, I dont see that happening... it doesnt match the brand. |
This was a smart decision on Sony's part. It sucks to give something up, but it was killing their numbers. This is the kind of decision making Kaz brings to the table. Something Howard Stringer just does not have. Personally I can't wait for Stringer to be completely out the door. He failed the company over the last 6 years.
