Companies: Sony Shifts Electronic Gears

For nearly 40 years, Sony Corp. has been synonymous with advanced consumer electronics, from Trinitron TVs to Walkman cassette players. Now the company has decided to shift gears. Chairman and Co-Founder Akio Morita, 63, confirmed last week that Sony is changing its focus to products for business and industry: communications and broadcast equipment semiconductors and other component parts. Says Morita: "We won't be primarily a radio and tape-recorder company any more "

The reasons for Sony's switch have been clear for some time As the market for audio and video equipment has...

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