Thursday, May 23, 2019

Sony Mobile effectively exiting US market amid slowing sales of smartphones

Sony's new CEO Kenichiro Yoshida calls the loss-making division "indispensable," though half-hearted efforts in the US and struggles in carrier partnerships made Sony a minority player stateside.
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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...