Sunday, February 12, 2012 12:53 PM
Sony: From PlayStations to Pacemakers?
The Japanese company, known for its TVs, games and music, is making acquisitions to bolster its medical business, foraying into medical imaging business, and setting up an innovation center to scout out new business opportunities.
Following a year of “unprecedented losses,” Sony is turning to image sensors and complementary metal-oxide semiconductors (CMOS) to make a bigger impact on the medical device market. The Japanese company recently reported its third-quarter 2011 financial results, and consolidated sales fell 17.4 percent to ¥1.82 billion (roughly $23.4 million) compared to the previous year. The Thailand floods, deteriorating market conditions in developed countries and unfavorable foreign exchange more...
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