Sony Vows Deeper Restructuring, Warns Of Another Loss This Year - Presented by: The Aol. On Network

Sony said it would step up a broad restructuring this year to tackle bloated costs and exit some unprofitable businesses, hoping to put behind it years of persistent losses. The Japanese consumer electronics giant, which warned on Wednesday of a second consecutive net loss for this financial year, is struggling to recover after being undercut by nimbler Asian rivals in its key markets.



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