A week in Japan tech
Hardware
- Sony Corp. unveiled weak earnings results for the April-June quarter, as the company's sales and profit continued to be hit by price cuts and slumping demand for major products. Sony said net profit in the first quarter ended June 30, plunged 98% from a year earlier to 1.1 billion $9.2 million, while sales slid 6.9% to 1.6 trillion $13.5 billion, in part because of rapidly weakening demand for traditional picture-tube televisions. Operating income fell 68% to 16.7 billion $140.5 million amid heavy price competition in products such as digital cameras and weaker consumer appetite for movies and videogames.
- Hitachi...
