Sony was once a leader in consumer electronics, giving the world the Walkman personal music player, the PlayStation gaming console, and a slew of popular video camcorders. But the Japanese company has struggled of late, cutting fiscal forecasts time and again.
Most recently, Sony Entertainment was the victim of a cyberattack over the controversial film The Interview, in which hackers crippled the Hollywood studio's operations and posted confidential emails, financial data, and personal information online.
Sony is considering an exit from some of its core businesses in an attempt to reverse its fortunes, according to a recent report by Reuters. That report cited company sources who said Sony was considering selling off its TV and mobile segments in the face of stiff competition.