Immersion to pay Microsoft as part of settlement
Microsoft has sued Immersion claiming payments from the settlement it had with Sony in a patent related lawsuit.
Immersion has now agreed to pay the software giant $20.75 million.
The two companies said that they are happy to settle to put the litigation behind them.
Microsoft said that they were [...]
Sony to acquire rest of the share in Sony BMG
Confirming the reports in the media, Sony has announced that they are now going to acquire the rest of the stake in Sony BMG from joint venture partner Bertelsmann.
The company would now be called Sony Music Entertainment.
Sony Music Entertainment would work as a fully owned [...]
Nikkei: Sony develops cheaper Solar Battery
Nikkei newspaper has reported without revealing its sources that Sony has now developed a new type of Solar Battery which does not use silicon.
This would make these solar batteries much cheaper compared to current generation of products.
The report said that the company is yet not sure how they would commercialize [...]
Sony posts a profit for the fourth fiscal quarter
Sony has posted a $277 million profit for their fourth fiscal quarter.
This is a much improved performance compared to last year when they had posted a loss.
The company gained from improved performance of their Playstation 3 gaming console.
Sony said that their full-year profit almost tripled to [...]
Toshiba suffers massive drop in profits due to exit from HD DVD business
Japanese tech company Toshiba has come out with their latest revenue report and the company has posted a huge drop in the net profits.
This is mostly due to the losses they had to suffer after they announced exit from the HD DVD business.
HD [...]
Sony Ericsson profit drops on slowing sales
Sony Ericsson has come out with their latest revenue report and the company has reported a 48 percent drop in first-quarter net profits.
Sony Ericsson said that this was mostly due to slow sales in some of their global markets.
The company also warned that falling growth in the market for [...]
Sony and Sharp working together to procure LCDs
Sony and Sharp might be competitors but market situation has brought them together.
The two companies would now work in collaboration to procure liquid crystal displays.
Market sources say that Sony would now invest 100 billion yen in a plant being set up by Sharp to make panels for flat [...]
Sony to stop manufacturing rear-projection televisions
Sony has said in a statement that they are joining the list of companies who are moving out of the rear-projection televisions market.
The company plans to stop manufacturing rear-projection televisions which have failed to provide a genuine challenge to LCD and plasma displays in the flat-TV market.
They are going to [...]
Samsung to invest for expanding LCD production line
South Korean tech giant Samsung has said in a statement that they are now going to invest around US$2.2 billion in a new LCD production line.
This would be invested at a plant they originally started in collaboration with Sony. Sony is not going to make any further investment.
This [...]
Wi-Lan file lawsuits against 22 companies
Canadian wireless network provider Wi-Lan has revealed that they have filed patent related lawsuits against as many as 22 companies.
They are targeting some big names too including Apple, Dell, Hewlett-Packard, Intel, and Sony.
The company is claiming that these companies are infringing on their patents related to Wi-Fi and DSL technologies.
The [...]
