China Has Seized Sony’s Television Halo
Sony announced last month that it plans to pass control of its home entertainment division – including the two-decade-old Bravia television brand – to Chinese electronics group TCL through a joint venture in which TCL would hold a 51% stake. The Japanese company was long ago overtaken in sales by South Korea’s Samsung and LG and now holds just 2% of the global television market. Sony s … ⌘ Read more