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After losing a whopping $5.7 billion last year and $312 million last quarter, Sony’s recent austerity measures seeming to be paying off – the company lost only $198 million in Q2. The company been madly restructuring since CEO Kazuo Hirai came on board last year, and recently shuttered a lens plant in Japan while moving its mobile HQ from Sweden to Tokyo.
Developing…
Filed under: Cellphones, Desktops, Cameras, Home Entertainment, Tablets, Sony
Sony cuts Q2 2012 losses by a third over previous quarter to $198 million originally appeared on Engadget on Thu, 01 Nov 2012 02:23:00 EDT. Please see our terms for use of feeds.
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