Personal Tech Pipeline | Sony Kills Robot Business
<A HREF="http://as.cmpnet.com/event.ng/Type=click&amp;FlightID=43525&amp;AdID=72502&amp;TargetID=2164&amp;Segments=115,1411,2549,2690,3108,3448,4751,6918&amp;Targets=315,2164,2625,2878,5028&amp;Values=34,46,51,63,77,85,90,100,140,203,222,227,442,645,646,659,1184,1311,1405,1431,1716,1767,1785,1798,1901,1925,1945,1970,2217,2299,2310,2329,2352,2678,2767,2787,2862,2878,2942,2956,3347,3385&amp;RawValues=&amp;Redirect=http://www.cmp.com/" target="_top"><IMG SRC="http://i.cmpnet.com/ads/graphics/as5/ps/House/CMP_getthere_728x90_01.gif" WIDTH=728 HEIGHT=90 BORDER=0></A>

White Papers

Sponsor Resources

WebCasts
Free Newsletter GlossaryContact UsAbout Us
Players & CamsPhones & PDAsHome & AutoOnline

January 27, 2006

Sony Kills Robot Business



Courtesy of EE Times

TOKYO — Sony Corp. will withdraw from the entertainment robot business as a part of its restructuring plan.

Sony reported a business recovery in its third quarter, and revised upward its annual forecast by ¥100 billion ($858 million) for operating profit and ¥70 billion ($600 million) for net profit. It previously projected a ¥20 billion ($172 million) operating loss and ¥10 billion ($86 million) net loss.

Sony also announced a restructuring plan. Ryoji Chubachi, who became Sony's president last April, said last September that 15 business operations would be reviewed, including robot development.

Sony announced action plans for nine business operations this week, including plans to close its entertainment robot business. Production of its Aibo series will end later this year. Development activity had been already terminated.

Humanoid robot development will also be terminated, while related artificial intelligence technology will be transferred to Sony's consumer electronics products. AI technology development will continue at company laboratories, a Sony spokesman said. Tadatoshi Doi, who launched Sony's robot development, now heads Sony Intelligence Dynamics Laboratories.

Sony's electronics business unit recovered sharply in the last quarter, largely driven by sales of new Bravia TVs. In its third quarter, Sony's electronics sales totaled ¥1.59 trillion ($13.7 billion), a 4.7-percent jump from a year ago. Operating profits were up 56.2 percent to ¥79 billion ($678 million).

Third quarter income totaled ¥2.3 trillion yen ($20 billion), up 10.2 percent from the same period last year. Operating profit jumped 46.8 percent year-on-year to ¥203 billion ($1.7 billion). Net profit rose 17.5 percent to ¥169 billion ($1.5 billion).

E-mail This Story
Print This Story
Reprint This Story




Get the latest Personal Tech news, product info, and trends every week.


Related Content

  Right-click and choose Copy to extract RSS Feed URL  Personal Tech Pipeline's Main RSS Feed
  Right-click and choose Copy to extract RSS Feed URL  Personal Tech Pipeline's Blog RSS Feed



Keeping Up To Date On Enterprise Server Tech?
Review our compilation of columns on server security, database software, and Linux issues.
How to Achieve High Performance Through IT
Learn to achieve high performance by aligning IT to
strategic objectives and solutions to unlock that value.
Using Current Performance to Shape
Future Results

Hear new strategies for improving business
performance and results.

Editor's Picks

Apple posted this week its first-ever full-length movie -- the made-for-TV Disney Channel original movie "High School Musical" -- on iTunes for the price of $9.99. What do you think of this pricing for downloadable movies?
Love it! The price is lower than I would expect.
Like it. The price is about right.
Dislike it. The price is is a little too high.
Hate it! The price is way, way too high.
Neutral. It depends on the movie.


In search of personal tech products? See our new Product Finder, where you'll find personal computing devices, communications solutions, security products, and more.



PERSONAL TECH PIPELINE MARKETPLACE (sponsored links)
Transform your IT infrastructure with IBM
Successful CIOs see IT as a prime stimulus for business innovation-and themselves as key participants in a process that develops business and IT strategies in concert. Read an executive summary and register to download the full IBM paper.

Symantec Backup Solutions
Desktop to Data Center Protection. Explore the Official Symantec Site.

SEC & HIPAA IM Compliance
Satisfy regulatory and compliance requirements for instant messaging.

Secure & Easy Console Management with Digi CM
The Digi CM console server provides secure, intelligent & easy access to network devices with a serial console port. With Digi CM, you can securely monitor & control servers, routers, switches & other devices even when your network is down.

Understand the financial impact of open source.
Will open source pay off? Open source is becoming standard within enterprises, often because of cost savings. Find out how much of a financial impact it can have on your organization. Get this methodology and calculator now, compliments of JBoss. Go!


Buy a Link Now


Top ten search terms from the TechWeb TechEncyclopedia
How does your pay rate? Check the InformationWeek Salary Survey
Mobilized Solutions Guide: Find and compare solutions for your business
Top Requested White Paper Categories from TechWeb White paper Library
Top ten search terms from the TechWeb TechEncyclopedia