Sony CEO to Lay Out Revival Strategy as Losses Pile Up

CNBC Wednesday 11th April, 2012

. Hirai, who succeeded Howard Stringer as CEO this month, will lay out a detailed plan he hopes will revive the company hobbled by a television business that has racked up $10 billion in cumulative losses in eight years, battered by weak demand, fierce competition and a stronger yen that makes exports less competitive. At stake is not only the viability of Japan's best known brand, but also the future of Japan's once-dominant TV industry. "Japan'...

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