New Sony President Admits More Mistakes

Sony President Ryoji Chubachi said Sony often struck out with buyers because engineers had sometimes strayed from market trends.

“”Engineers have always been Sony’s heroes,” Chubachi said, addressing a small group of reporters at the company’s Tokyo headquarters. “A lot of work is going into producing megapixels, ultra-thin super-light gadgets, long-lasting batteries or zooms, and Sony has that kind of power. But we strike out.”

In a major management reshuffle, Chubachi was appointed Sony president, overseeing the electronics business, and Howard Stringer, who has led Sony’s entertainment business, was chosen chairman and chief executive. “

Read more at Newsday.com

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