Sony sells PC business in order to focus on smartphones and gaming

Vaio brand will cease "planning, desing and development" after the launch of the spring 2014 line-up

Sony has announced that it is selling off its money-losing PC division in order to focusing on mobile devices, high-end TVs and its gaming business.

The Vaio brand and all the notebooks and computers produced under it will be sold to investment fund Japan Industrial Partners for an undisclosed fee. Sony will “cease planning, design and development of PC products” with manufacturing sand sales also discontinued after the launch of the spring 2014 line-up.

As part of the announcement Sony also announced that it would cut 5,000 jobs and predicted a loss of 110 billion yen (£665 million) for the current financial year, after previously forecasting a profit of 30 billion yen.

The company’s TV division will also be split off into a separate unit by July 2014, with Sony restructuring to concentrate on the high-end of the market, specifically 4K models. Sony has so far secure more than 75 per cent of the market for these in Japan.

CEO Kazuo Hirai has said he wants to reorienate the company to focus on promising areas such as smartphones and game consoles. Sony has reported a “significant increase in sales of smartphones” as well as a healthy jump in the operating income of its games division, thanks to the introduction of the PS4 game console.

Sony’s Vaio brand (an acronym of Video Audio Integrated Operation that was later changed to Visual Audio Intelligent Organizer) was introduced in 1996 and has since covered a diverse range of devices, from traditional desktop PCs to ultra-portable subtnotebook computers.

Life and Style
ebookNow available in paperback
ebooks
ebookA delicious collection of 50 meaty main courses
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
SPONSORED FEATURES
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

ES Rentals

    iJobs Job Widget
    iJobs Gadgets & Tech

    Recruitment Genius: 1st Line Technical Support Engineer

    £19000 - £23000 per annum: Recruitment Genius: This IT and Telecoms company ar...

    Recruitment Genius: Client Services Administrator - IT Industry

    £18000 - £24000 per annum: Recruitment Genius: A leading provider of ICT servi...

    Recruitment Genius: 1st / 2nd Line Technical Support Advisor - Up to £26K inc bonus

    £20230 - £26000 per annum: Recruitment Genius: Are you looking for a career in...

    Recruitment Genius: Marketing Assistant

    £13500 - £15000 per annum: Recruitment Genius: This IT and Telecoms company is...

    Day In a Page

    War with Isis: Is Turkey's buffer zone in Syria a matter of self-defence – or just anti-Kurd?

    Turkey's buffer zone in Syria: self-defence – or just anti-Kurd?

    Ankara accused of exacerbating racial division by allowing Turkmen minority to cross the border
    Doris Lessing: Acclaimed novelist was kept under MI5 observation for 18 years, newly released papers show

    'A subversive brothel keeper and Communist'

    Acclaimed novelist Doris Lessing was kept under MI5 observation for 18 years, newly released papers show
    Big Blue Live: BBC's Springwatch offshoot swaps back gardens for California's Monterey Bay

    BBC heads to the Californian coast

    The Big Blue Live crew is preparing for the first of three episodes on Sunday night, filming from boats, planes and an aquarium studio
    Austin Bidwell: The Victorian fraudster who shook the Bank of England with the most daring forgery the world had known

    Victorian fraudster who shook the Bank of England

    Conman Austin Bidwell. was a heartless cad who carried out the most daring forgery the world had known
    Car hacking scandal: Security designed to stop thieves hot-wiring almost every modern motor has been cracked

    Car hacking scandal

    Security designed to stop thieves hot-wiring almost every modern motor has been cracked
    10 best placemats

    Take your seat: 10 best placemats

    Protect your table and dine in style with a bold new accessory
    Ashes 2015: Alastair Cook not the only one to be caught in The Oval mindwarp

    Cook not the only one to be caught in The Oval mindwarp

    Aussie skipper Michael Clarke was lured into believing that what we witnessed at Edgbaston and Trent Bridge would continue in London, says Kevin Garside
    Can Rafael Benitez get the best out of Gareth Bale at Real Madrid?

    Can Benitez get the best out of Bale?

    Back at the club he watched as a boy, the pressure is on Benitez to find a winning blend from Real's multiple talents. As La Liga begins, Pete Jenson asks if it will be enough to stop Barcelona
    Athletics World Championships 2015: Beijing witnesses new stage in the Jessica Ennis-Hill and Katarina Johnson-Thompson heptathlon rivalry

    Beijing witnesses new stage in the Jess and Kat rivalry

    The last time the two British heptathletes competed, Ennis-Hill was on the way to Olympic gold and Johnson-Thompson was just a promising teenager. But a lot has happened in the following three years
    Jeremy Corbyn: Joining a shrewd operator desperate for power as he visits the North East

    Jeremy Corbyn interview: A shrewd operator desperate for power

    His radical anti-austerity agenda has caught the imagination of the left and politically disaffected and set a staid Labour leadership election alight
    Isis executes Palmyra antiquities chief: Defender of ancient city's past was killed for protecting its future

    Isis executes Palmyra antiquities chief

    Robert Fisk on the defender of the ancient city's past who was killed for protecting its future
    Berlusconi's world of sleaze: The astonishing lifestyle once enjoyed by Italy's former PM

    Berlusconi's world of sleaze

    The astonishing lifestyle once enjoyed by Italy's former PM
    Disney plans galactic domination with endless Star Wars spin-offs

    Disney plans galactic domination with endless Star Wars spin-offs

    Films and theme parks are just the beginning. Disney believes its control of the now decades-old franchise can bring in merchandise and marketing millions for years to come
    Could the golden age of the gaming arcade ever be revived in the era of the Xbox?

    Could gaming arcades be revived?

    The days when coin-ops were the only way to play the latest video games are gone. But a small band of enthusiasts are keeping the button-pushing dream alive
    Edinburgh Fringe 2015: The 'tampon tax' has inspired a new wave of female comedians to reclaim period jokes

    Heard the one about menstruation?

    Yes, if you have been at the Fringe, where period pieces are taking centre stage