Has Sony Corporation Become a Finance Company?


After the article has been written and published, the news has now come about Sony Electronic Corporation, Japan selling its LCD business to Samsung.

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Has Sony Corporation Become a Finance Company?

Has Sony Corporation Become a Finance Company?
Has Sony Corporation Become a Finance Company? | Source

Has Sony Corporation Become a Finance Company?

E-Book reader

Sony of Japan has come out with an e-book reader PRS-350. It has optical touch technology. The five inch screen has 800 × 600 resolution. One can read even under direct sunlight. Compared to Amazon’s Kindle, the contrast is lacking. There is no 3G and Wi-Fi facility. But the battery can last for around two weeks for moderate use. Internal storage capacity is 2 GB. It can accommodate more than thousand e-books. One can refer any word by highlighting and there is a built-in Oxford’s English Dictionary. But the quality of the screen is not good. In India, it is priced at around Rs.11500.

Xperia Arc

Sony Ericson has upgraded its Xperia Arc with a 1 GB onboard storage (previously 320 MB) and high power 1.4 GHz processor. Other features remain same. Its Xperia Active has 1 GHz processor, 3-inch touchscreen, 320 MB Micro SD unit and 512 MB RAM. It is dust and water resistant, has 3G, Wi-Fi, SMP rear camera, Bluetooth and Android 2.3. It weighs 111 g. It has fitness apps and accessories. It has a rugged construction. But it has no front camera and an unsatisfactory video recording facility. It is priced at around Rs.21000 in the Indian market.

Xperia Ray

Sony Ericsson Xperia Ray has a 3.3 inch capacitive touchscreen, 512 MB RAM, 1 GHz processor, micro SD slot and 300 MB storage facility. It has a VGA front camera, SMP rear camera, Wi-Fi, 3G, Android 2.3, Bluetooth, battery 1500 mA. It weighs 100 g. It is priced at around Rs.20000 in the Indian market. Its battery backup and still camera function very well. But its video recording facility is unsatisfactory. Its sound quality is also not the best.

Xperia Pro

Sony Ericsson Xperia Pro has many lovely features like touch and type interface and camera software. But the manufacturer’s own TimeScape interface on the top of the Android is disgusting. It is priced in the Indian markets at around Rs.24000.

Bravia NX70

Sony Bravia NX70 comes in two sizes – 40 and 46 inches. It has an X-Realty display technology which enhances details, contrast and colours. The internet that comes with it enables the viewer to see Sony Entertainment Network, You Tube and Friday Moviez. The viewer can also log into Twitter, Skype and Facebook. It is priced around Rs.94000 in India.


Sony has launched an Android-based tablet with a 9.4 inch display. It features TruBlack technology for better blacks. It runs on Android 3.2. It has a 1 GB RAM and is powered by a dual core 1 GHz Tega 2 processor. It has an expandable 16 GB storage, front VGA camera, 5 MP rear camera and a micro USB port with USB host support. The tablet can also be used as a universal remote control for all devices at the home or office. It has Wi-Fi facility.


Sony HMZ-T1 3D head-mounted display has a 0.7 inch OLED panels that display contents in 1280 × 720 pixels resolution. The panels arranged in such a way gives a feeling that the viewer is watching a 750 inch 3D display at a distance of around 20 metres. Each panel is capable of displaying different image. The 3D effect produces no eyestrain. It has a headphone that gives a 5.1 surround sound effect. The price is around $800.

Tablet P

Sony has launched a Tablet P with a 5.5 inches dual touchscreen. One can access the original PlayStation games and Reader e-books. One can log on to Sony Entertainment Network to listen to music or enjoy newly released films. You can view, share and transfer photos, videos and music to DLNA compatible TV, PC or speakers. It has both front end and rear facing cameras. One can record video also. It is priced at around Rs.37000 in the Indian market.

VAIO YB Laptops

Sony India’s VAIO YB series of laptops comes in three vibrant colours – green, silver and pink. They carry latest technology from AMD. Users can enjoy playback, smooth HD contents, finer online gaming experience and faster internet operations. Quality HD content can be displayed and viewed by simply connecting the laptop to a TV screen. It also offers excellent graphic performance with less power. It has a 11.6" wide display and weighs only 1.46 kg. It is easy to carry. It was released in the beginning of the year. It is priced about Rs.27000 in the Indian markets.

Xperia Neo V

Sony Ericsson Xperia neo V has Google Talk with video chat facilities. It has an enhanced Facebook running in Gingerbread Android. It has the world’s first 3D sweep panorama camera. This smartphone can be turned into a mini mobile PC. If you want to have a big screen experience, simply connect this smartphone to the TV screen.

Sony Ericsson W8

Sony Ericsson W8 is the first Android Walkman. It has a 3” touchscreen. Connecting through 3G or Wi-Fi, you can watch movies or videos in action. It has 3D games, 3 MP camera, TimeScape and PlayNow. It is priced at around Rs.10000 in Indian market. Sony’s 3D Blu-Ray Home Theatre System is also attractive and is priced at around Rs.30000 in India. It is capable of BluRay playback with 3D support. It has an output power of 1000 W RMS. It has multiple connectivity ports.

Sony CyberShot

Sony CyberShot TX55 is a point and shoot camera and is very slim. Its thickness is just 12.2 mm. It has 16.2 MP Exmor R CMOS sensor and 5X optical zoom capability. The Pixel Super Resolution Technology can enable the camera to zoom it to 10X while still shooting with 16.2 MP. 3D image capture and HD video recording facilities are also available. It is priced around $350.

Sony PlayStation 3

Is a Sony PlayStation 3 a good companion to a home theatre? Many people will say yes because PlayStation 3 is one of the best Blu-Ray disc players in terms of net connectivity, speed and quality of playback. PlayStation 3 can be used for watching movies, playing games and listening to music. It can also stream video stored in a PC. For this, you have to download a program from the website ps3mediaserver.blogspot.com which is available free of cost. But there are some things the PlayStation is incapable of doing. WD TV Live Hub is a HD media player and it can play every kind of digital files. It has storage capacity as high as 1 TB. It can store all the user’s songs, photos and videos which can be played and watched or listed when connected to a TV. It can upgrade to HD the standard definition video content. PlayStation 3 cannot do this. A media player rather than the PlayStation 3 will be a better option if one wants to playback video.

Prices for PlayStation slashed

Sony has slashed prices for PlayStation 3 game console across Europe, North America and Japan by 15%. In India the price has dropped to Rs.17000. Sony Channel has overtaken Colors and has become the second most watched TV channels in India. It is because of the programme Kaun Banega Crorepati (Who will be the millionaire). Star Plus retains the top slot.

Sony has become a finance company? Not yet!

Sony is a well known electronic giant in the world. But it is a surprise that it derived maximum income for the quarter ended 30.09.11 from financial services amounting to more than $300 million. Has Sony Corporation become a finance company? Not yet. Through pictures, Sony derived more than $200 million in the same period and through music it earned around $50 million. Sony India has tied up with Audio Touch in the Punjab music market. Indian music market is worth $200 million and Sony has earned a share of 15% in it. Sony Corporation is set to take over the Sony Ericsson mobile phone joint venture for € 1.05 billion ($1.45 billion). This will provide Sony ownership of some patents. This move will enable Sony to catch up with tablet and smartphone manufacturers Samsung and Apple in the global markets.

1.6 million Bravia TVs recalled

Sir Howard Stringer is the Chairman of Sony Corporation. It is a rare case that a Japanese company is headed by a Westerner. Sony has recalled 1.6 million Bravia TV sets due to fire risk. About 1.6 million flat panel TVs sold worldwide in 2007 have been recalled. Sony is keen on film rights to Steve Jobs’ biography. Sony Pictures has in the past produced some high profile movies like “This is it” with Michael Jackson and “The Social Network” about Mark Zuckerberg, the Facebook owner. Sony is confident that Steve Jobs’ biography, if it is produced as a movie, will be a super hit all over the world.

Sparkling sale during Diwali

Sony India saw sparkling sale during the Diwali festival season. It widened its product line-up and avoided price hikes during this period. The festival season is not over yet in India and will last till the middle of January next year. Sony has launched 15 models of Bravia LED TV and a handycam for Rs.10000. It has targeted to sell four lakh Bravia TVs amounting to around Rs.70 crore. Indian consumers are not shying away from purchases because of the economic slowdown. Sony is not experiencing any sluggishness in the market.

Record payment for Aamir Khan’s film

Sony has paid a record Rs.40 crore to Reliance Entertainment for Aamir Khan’s next film expected to be released in February 2012. This is a record for Indian movies. Reliance Entertainment had acquired the distribution rights for Aamir Khan’s movie. The record Rs.40 crore beat the previous movie record of Rs.37 crore for Krish3, Rs.35 crore for 3 Idiots, Rs.27 crore for Ra One and Rs.27 crore for Bodyguard. In Japan, Sony, Hitachi and Toshiba have decided to merge their LCD operations using $2.6 billion of the Japanese government backed funds to fend off increasing competition from rivals in Taiwan and South Korea.

Kolaveri song brings 1.7 crore hits in the You Tube

Sony Music’s South Channel in the You Tube broadcast the famous hit Tamil song Kolaveri on November 16th. By December 6th, the number of views in the You Tube swelled to more than 1.7 crore. You can understand this huge volume in the internet if you compare the one crore hit for the hit song Dhinka Chika from Salman-starrer Ready in seven months’ time. But Kolaveri’s 1.7 crore hits were made in much shorter period of around fifteen days.

PlayStation has some drawbacks

Sony Ericsson and Sony have decided to make only smartphones and not basic phones. Panasonic, Samsung and Sony have joined together with Xpand of Europe for the development of a common 3D active glass with Bluetooth facility for TVs and PCs. Revenue from mobile and online games will be around $33 billion in 2013, overtaking the console game revenue for the first time. This has worried companies like Sony, which has its PlayStation, and Microsoft, which has its Xbox console. Trion Worlds Inc’s ‘Rift’ initially costs only $50 in the Internet to play fighting and thrilling games that are more than a match to games played in PlayStation and Xbox. Sony is planning to invest $4 million in Tamil film songs market during the current year. It has already got 25 Tamil albums. Already several of the Tamil movies starred by the popular hero Rajnikant like ‘Muthu’, ‘Padayappa’ and ‘Basha’ among others have captured the fancy of Japanese people with their Japanese subtitles. No wonder, Tamil songs are becoming an increasing hit in Japan. Music industry’s revenues will be driven in future by digital downloads. Already it is happening. It is accounting for nearly half of music industry’s revenue and the share is bound to rise in future. Sony is well placed to capitalise on this trend.

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