Sony's gaming business is moving towards profitability this year -- something that's eluded the company each year since the PlayStation 3 was launched in 2006.
The major refresh of the PlayStation Portable unveiled on Thursday is the result of a two-year effort to rethink the basic gaming platform, according to Kaz Hirai, chairman of Sony Computer Entertainment.
When Sony launched its PSP Go last year the company had high hopes. The device was supposed to help PlayStation Portable shipments increase by almost a million units for the year and spearhead Sony's digital download push into the portable gaming market. But things haven't gone according to plan.
Can a chief information security officer (CISO) help prevent the kind of massive data breach that occurred in the Sony PlayStation network breach last month in which attackers grabbed personal information on an estimated 77 million customers of the PlayStation and Qriocity online games?
Sony will take full control of the manufacturing of the processor used in its PlayStation 3 console, ending a two-year joint venture with Toshiba, the companies announced Friday.
Sony is hoping to return its PlayStation business to profitability next year with the help of new hardware devices and expansion of its network-delivered services platform, it said Thursday.
The Sony executive credited with turning the PlayStation into a money-maker, Kazuo Hirai, is in the lead to take over from Howard Stringer after he retires, the Sony chairman said Thursday. But Stringer noted that the race is not over yet.
Sony released an update to its PlayStation 3 on Tuesday that brings several new features and launches the PlayStation's first subscription gaming service.
After months of silence Sony named the launch date and price for the PlayStation 3 on Monday, confirming its place as the most expensive game console yet produced.
Sony will begin selling 3D TVs in Japan on June 10 and worldwide at about the same time, it said Tuesday. A firmware upgrade to its PlayStation 3 console that adds 3D support and other 3D-compatible home electronics products will also be available to coincide with the television launch.
Sony's new portable PlayStation Vita game system will go on sale in Japan by the end of this year, then launch in the U.S. and Europe in early 2012, a company executive said Thursday.
Sony is countering Apple by developing its own handheld products that include a tablet-like device and a smartphone that can download and play PlayStation games, The Wall Street Journal said in a news report on Thursday.
Sony said Wednesday that its PlayStation Vita portable game console will go on sale Dec. 17 in Japan, with 26 game titles and a 3G version that will run on NTT DoCoMo's network.
Sony said Wednesday it booked a deep loss during its fiscal second quarter ended Sept. 30, and now expects to be in the red for the entire year, weighed down by poor sales of its TVs and the strong yen.
The Sony PlayStation Vita is well-positioned to avoid the struggles of its main handheld rival, Nintendo's 3DS, the executive in charge of Sony's game business said Thursday.
Hoping to set itself apart from other television makers, Toshiba will soon put on sale in Japan the first television based on the powerful Cell multimedia processor, the same chip that's used in the PlayStation 3. The Cell Regza TV boasts several advanced features including the ability to simultaneously record eight high-definition channels.
The PlayStation Vita is launching in the U.S. and Europe with Sony's biggest sales event in recent memory -- parties with celebrities, midnight store openings and a US$50 million sales campaign.