James Bond Can’t Fix Sony as Japan Electronics Scrape Lows: Tech

James Bond Can’t Fix Sony as Japan Electronics Scrape Lows: Tech

Chris Ratcliffe/Bloomberg

A Sony Corp. Xperia smartphone at the 2012 Mobile World Congress. Sony, Sharp and Panasonic are eliminating more than 29,000 jobs, closing plants and selling assets to restore profit after failing to come up with hit products to challenge Apple Inc. and Samsung’s mobile devices.