Sony is predicting a profitable future, thanks to its gaming and flat-panel TV businesses.
Sony says it will become profitable in its gaming and flat-panel TV businesses by the fiscal year ending March 2011, as the electronics giant moves ahead with cutting costs and boosting earnings.
Sony Corp's strategy for a turnaround was outlined by Chief Executive Howard Stringer at the company's Tokyo headquarters.
Stringer said Sony has been integrating its sprawling businesses, bringing together purchasing for parts and other supplies, for instance, which had been previously divided and less efficient.
That move has helped cut costs, according to Sony.
Sony says it will aim for 20 per cent share of the global liquid-crystal display TV market by fiscal 2012.
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