Sony Said to Move Phone Unit From Headquarters to Save Rent
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Sony Corp. is moving its mobile-phone operations out of its Tokyo headquarters to save on rent, according to a memo obtained by Bloomberg.
Sony Mobile Communications Inc. and So-net Corp., an Internet service provider, will share the new offices to reduce rent costs by 30 percent, Hiroki Totoki, who oversees the two businesses, said in an e-mail to employees Tuesday. The move also will improve communications between the two companies, according to the e-mail obtained Wednesday.