Sony Sells Its VAIO PC Business

In a surprising move, Sony has sold its PC business to Japan Industrial Partners Inc, a Japanese company that specializes in investing in turnaround, buyouts and carve-out investmests. Sony said it will instead focus on making tablets and smartphones since the PC business is no longer making money.

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Aside from that, Sony is also revamping its Bravia TV business by setting up a new standalone company and its gaming console, the PSP4, which is also making money, will be given more attention.

A new company will be set up in March 2014 to hire Sony employees to continue making VAIO PCs  and to fullfill all its aftersales warranties.

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