Jack Tretton, President & CEO of Sony Computer Entertainment America, discusses his company's updated game console, with CNBC's Jon Fortt.
The unveiling of Sony's highly anticipated PlayStation 4 (PS4) – its first video game console in seven years – may be touted as a major step in turning around the struggling tech giant's fortunes, but one analyst said the firm didn't reveal enough.
Sony acknowledged that the stakes are high as it introduced its new Playstation 4 console, saying that the new gaming ecosystem aims to revolutionize play.
Sony took the wraps off its next-generation video game console called "PlayStation 4" on Wednesday that will allow users to stream and play video games hosted on servers. The New York Times reports.
Foxconn Technology Group says it has placed a hiring freeze on its largest plant in Shenzhen, China, but denies imposing a hiring freeze across most of its factories in China as it slows production of Apple's iPhone 5.
Peter Gothard, technology editor at Computing, says PlayStation is the major hardware revenue for Sony, but it is challenged by not only Xbox and Nintendo but the mobile phone and iPad game apps as well.
Lewis Ward from IDC tells CNBC's Cash Flow what it would take for Sony's new PS4 to be a gamer changer.
The video game and media industry is anxiously awaiting Sony's big debut, where it's expected to unveil its first new Playstation since 2006. The pressure is on for Sony to deliver a console so impressive, it'll convince consumers to finally make a big investment in consoles and games again.
Discussing the landscape of the music business in 2013, and technology's impact on the industry, with Clive Davis of Sony Music Worldwide.
The launch of PlayStation 4 this week is more than the start of a new cycle for Sony, it's an essential step in rebuilding the firm as a corporation.
It's much too early to dub Nintendo's next-generation videogame system a failure, but it's certainly off to a lousy start.
CNBC's Julia Boorstin speaks to Michael Lynton, Sony Corp. of America CEO, about the growing number of new music services, and just how much technical devices boosts his business.
Samsung starts gaining market share, hurting Apple Inc's margins and stock price and threatening its reign as the king of cool in consumer electronics.
Asian shares edged up on Friday after China's trade data for January beat forecasts to underscore a recovery trend, but prices were capped by investors seeking to book profits before next week's Chinese New Year holidays.
Jay Nelson, Senior Editor, Success Stories: Japan Executive Newsletter says Sony's improving a whole range of products and they just need a little bit more time to turn things around.
Shares of Sony dropped more than 6 percent to 1,405 yen on Friday after its profit in the October-December quarter missed market expectations, increasing skepticism that the maker of Bravia TVs and the PlayStation can regain its former status.
Bob O'Donnell, Program VP, Clients and Displays, IDC says Sony has a lot of valued assets that they have yet to pool together. He adds that the convergence of Sony's technologies will set them apart from the rest of the sector.
Mykola Golovko, global consumer electronics industry analyst at Euromonitor International, expects Sony's 2013 performance grow on the image sensor technology.
Sony plans to release its new Playstation 4 home console this year for around $430, giving the successor to the popular PS3 a touch panel control and easy access to social networking sites such as Twitter and Facebook, Japan's Asahi newspaper reported.
Why things don't look good for the videogame industry.