Sony sees weak LCD prices, better music service
Sony Corp.'s (6758.T) U.S. unit is looking to
high-resolution cameras and televisions and a beefed up online music service to
breathe life into its troubled brand, but profits will take time to improve,
company executives said on Thursday.
Sony Electronics, Sony's largest unit, expects improved demand for big screen
TVs, such as its Grand Wega line, but sees prices dropping for liquid crystal
display (LCD) TVs this year, making profit margins very tight and perhaps
forcing smaller players out of the market.
Posted: Thu - June 23, 2005 at 07:12 PM