Video game consoles have been spared inflation in Japan, but for how long?
The weaker yen has triggered price hikes on electronics from iPhones to refrigerators across Japan this year, with one glaring exception: the video game console.
Sony cuts profit outlook on weaker PlayStation prospects
The Tokyo-based entertainment conglomerate said Friday that it now expects ¥1.11 trillion ($8.3 billion) in operating profit, down from ¥1.16 trillion previously.
Sony's next big thing in tech is helping Honda take on Tesla
Of all Japan’s carmakers, Honda had thrown itself most aggressively into EVs, targeting a full phase-out of combustion-engine vehicle sales by 2040.
Japanese government to allocate up to ¥476 billion for TSMC chip plant
Amid global chip shortages, Japan is aiming to improve the nation's economic security by supporting the subsidiary of the world's largest contract chipmaker.
Sony and Honda agree to joint venture to sell electric cars by 2025
Honda, like bigger rival Toyota Motor, has been slower to shift to electric vehicles than global automakers and is under pressure from investors to make cars that are carbon-free.
Sony PlayStation’s new God of War video game planned for November
God of War Ragnarok, now to be released in November, was announced in 2020 for PlayStation consoles. Sony had delayed the game several times since.
Idei, who joined the company in 1960 and served as CEO from 1998 to 2005, was once synonymous with the rise of corporate Japan around the world.
Sony to build space lasers with new satellite services unit
Sony said one of its first successful tests occurred in 2020 when it transmitted high-definition image data by laser from the International Space Station to a ground station in Japan.
Sony readies for metaverse revolution with cross-platform push
Sony's game, music and movie units contributed two-thirds of operating income in the year ended March, indicating that the group is metaverse-ready.
Honda CEO bets ¥5 trillion to reach goal of going fully electric
The carmaker aims to introduce 30 EV models by 2030 with a production volume of more than 2 million vehicles a year.
Gaming companies slow to press pause on Russian business
Western console and game makers beat their Japanese counterparts to the punch when it came to taking a stand against Russia's invasion of Ukraine.
Sony to unveil PlayStation subscription as soon as next week
The new service will combine its PlayStation Now and PlayStation Plus services. Customers will be able to choose from multiple tiers offering catalogs of modern games and classics.
