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Sony, Panasonic in TV Tie-Up Talks

Sony Corp. and Panasonic Corp. are in talks to jointly develop or produce next-generation flat-panel television sets, people familiar with the matter said Tuesday, in a move that aims to defray the heavy cost of manufacturing a new display technology.

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Panasonic Posts Record Annual Net Loss

Panasonic Corp. said Friday its net loss in the fiscal fourth quarter grew more than tenfold from a year earlier, as ongoing struggles at its television operations and a tax-related charge pushed the Japanese electronics conglomerate to its biggest annual loss in its 77-year history.

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Nintendo Records $531.1 Million Annual Loss

Nintendo Co. posted its first annual loss in more than three decades, dragged down by the strong yen and price cuts for the company’s Wii game console and 3DS hand-held system.

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Sony Projects Deeper Loss

Sony Corp. slashed its earnings outlook for the fourth time in less than a year, warning that it now expects a ¥520 billion ($6.4 billion) loss for the past fiscal year because of a tax-related charge from continued losses at the Japanese company’s U.S. operations.

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How Japan’s Sharp Lost Its Edge

Sharp Corp.’s domestic liquid-crystal-display factories once made the company a source of pride for Japan’s electronics sector.

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Sony Swings to Loss, Slashes Full-Year Forecast

Sony Corp. said Thursday it veered into a fiscal third-quarter net loss of more than $2 billion and forecast a much wider full-year loss than previously expected, dragged down by losses in its television business and the impact of the strong yen on its European operations.

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Sony Promotes Hirai to President

Sony Corp. said Wednesday it tapped Kazuo Hirai, a veteran of its PlayStation videogame business, to be the company’s next president and chief executive officer, in a move expected to accelerate a network strategy to align its consumer electronics with content and services.

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Nintendo Swings to Loss

Grappling with a sluggish debut for its new hand-held game system and petering demand for its flagship home console, Nintendo Co. swung to a loss for the first nine months of its fiscal year and scaled back sales forecasts for its 3DS portable system and Wii.

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Olympus Coverup Spooks Investors

Olympus Corp.’s admission that it hid investment losses raised as many questions as it answered: not just about the full extent of the scandal, but even about the viability of the 92-year-old company.

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Sony Nears Deal to Buy Out Ericsson From Joint Venture

In a sign of the central role smartphones will play in its future consumer-electronics strategy, Sony Corp. is nearing a deal to buy out Telefon AB L.M. Ericsson’s stake in their mobile phone joint venture, according to people familiar with the matter.