First Product From Sony's New Innovation Program Is Coming Next Month

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Sony Corp. is set to unveil the first device from an internal venture-capital competition aimed at fostering more innovation, according to a person familiar with the matter.

The device is a hub for smart homeBloomberg Terminal automation, which could control temperature and appliances remotely, said the person, asking not to be named because the details are private. The device will go on sale next month with an online campaign seeking pre-orders and financing, the person said.