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Computers > Internet
> Sony to assess spin-off plan; cuts targets for cameras, smartphones |  |
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Sony to assess spin-off plan; cuts targets for cameras, smartphones |
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Yahoo! Computer Security
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05/22/2013 at 03:29:15 |
 By Tim Kelly TOKYO (Reuters) - Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its electronics business. CEO Kazuo Hirai told a press briefing on Wednesday that Sony would assess a proposal from its biggest shareholder, billionaire Daniel Loeb's Third Point LLC hedge fund, that the group should sell up to a fifth of its music and movies business, which includes artists such as Adele and hit franchises like "Spider-Man". ...
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