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Sony CEO Kaz Hirai To Take Direct Charge of TV Business

Gadgehit writes: "Sony Corporation’s new CEO, Kazuo Hirai, will be taking direct control of the company’s TV business in order to get it back to profitability. The electronics giant expects to make a 220 billion yen ($2.7 billion) net loss this year, a fourth straight year of losses, mainly due to its TV business that has not been able to keep up with cheaper competition."

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