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.

Source: Yahoo


Posted: Thu - June 23, 2005 at 07:12 PM