TOKYO (AP) – Sony’s leader promised a comeback for the Japanese electronics and entertainment company having its best profitability in two decades.
“We are a company that moves people,” said Chief Executive Kazuo Hirai, as he outlined the strategy for the company at its Tokyo headquarters Tuesday.
But he said he cannot give away details of products in the works such as those using artificial intelligence or the “internet of things,” or IoT, technology.
He stressed the profitability in sprawling Sony Corp., including its lucrative PlayStation video-game business, which just came out with a popular virtual-reality headset.
Hirai also told reporters another important area is Sony’s TV sector, which has been in the black for the last few years, after losing money for a decade.