New Sony CEO to Detail Shift Away From Gadgets in Mid-Term Plan
- Kenichiro Yoshida to unveil strategy for first time as CEO
- Company sees unit sales of all hardware products falling
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Sony Corp. is done working for peanuts in the hardware business.
Kenichiro Yoshida, who took over as chief executive officer in April, is set to unveil a three-year plan on Tuesday that embraces Sony’s growing reliance on income from gaming subscriptions and entertainment. The transition is already happening: even though the company sold fewer hardware products such as televisions, digital cameras, smartphones and PlayStation consoles in the year through March, it was able to post record operating profit.