The fact that every month Samsung earnings are going into decline this is what we called the situation of crisis, and next staggering range would be wider, because its effects very badly on great player Sony.
Sony in crisis – The possible Resignation from the Production of Smartphones and TVs
The Japanese manufacturer has announced a few months ago that the current tax year (31th of March) finished in the red. The problem is that the scenarios were not as negative as it may ultimately turn out in reality.
Relying on interviews with high-ranking representative of the Japanese manufacturer Reuters reports that it can end the current fiscal year with a loss of about $ 1.9 billion. What will be the consequences? Quite possible that very serious.
For the first time in the history of Sony they suspended the dividend payments. But this is not the end, because major changes have touched departments responsible for the production of smartphones and televisions. In the best case we are talking about major restructuring, but the same source suggests that it cannot be ruled out and their closure. But you cannot hide the fact that this second scenario is for the moment quite surreal.
“There is no business that is eternal. Each department must reckon with the fact that Sony may be closed.”
What will be the fate of Sony? Certainly we know that in the near future, as one can see, a great sale of PS4 is not enough. Perhaps the situation will become clearer after the publication of an accurate financial report which will be released in April.
Source: reuters, entornointeligente