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Fears, hopes grow for Sony under new president

Fears, hopes grow for Sony under new president

Sony Corp. now has a new president _ Kazuo Hirai, the former head of its game division. But shareholders are already raising doubts about his ability to revive the Japanese electronics and entertainment giant.
At an annual meeting this week in Tokyo, they got up and demanded to know how management had failed. They are worried the maker of the Walkman has suffered losses for the past four years. That was its worst loss in the company's 66 year history.
Hirai is promising to turn around Sony by focusing on image technology and smartphones. But it is still unclear whether he can make good on his promise to bring back Sony's past glory.


Updated : 2021-08-03 21:01 GMT+08:00