Sony said it will acquire Altair Semiconductor for $212 million in an effort to gain ground in the burgeoning IoT market.
LAS VEGAS-- Sony plans to launch a 4K streaming service in the U.S. aimed at providing purchasers of its 4K Bravia TVs with some content to play on them.
Sony filled a major programming gap in its PlayStation Vue service, signing a deal with the Walt Disney Co. to add ESPN, ABC-owned local stations, Disney Channel, ABC Family and several other networks to its streaming pay-TV service.
The global smartphone market grew at its slowest pace since 2009 in the third quarter according to research firm Strategy Analytics, a sign that even though Apple's profits are sky high and Samsung Electronics appears to be back on the road to recovery in its mobile business, the overall smartphone market is cooling.
Verizon Wireless scrapped plans to launch Sony's Xperia Z4v smartphone, though Verizon committed to working with Sony and the Japanese electronics firm said it still remains engaged in the U.S. smartphone market. However, the decision to drop the phone is a blow to Sony's goal of expanding sales in the U.S. Meanwhile, Sony said it will spin out its semiconductor business into a new unit in a bid to focus on growth in products like image sensors.
Sony has launched a new YouTube channel themed around 4K content, not only to promote its line of 4K/Ultra HD cameras, but also to spur growth in 4K usage by content creators.
With major studios like Rovio announcing layoffs, abandonment rates continuing to climb and increasing challenges with in-app monetization, there have to be days when even the most optimistic mobile game developer wonders if the best days of the industry are behind it.
HTC's Vive virtual reality headset will not have a widespread commercial launch in 2015, as initially planned, with the launch slipping into 2016. HTC had previously said the Vive would be commercially released by year-end.
Sony has rolled out its PlayStation Vue IP-based pay-TV service to Dallas and Miami. The expansion, announced in a Sony blog post, puts the service in seven markets, with New York, Chicago, Philadelphia, San Francisco and Los Angeles seeing previous deployments.
Sony knows that smartphones are integral parts of modern life and connect to many other consumer electronics and other connected devices, and for that reason alone, it is not going to get out of the smartphone business, according to a senior company executive.