Sony denies Vaio sell-off to Lenovo, says “various options” being considered

On Saturday, Japanese broadcaster NHK reported that Sony was in talks with Lenovo over a strategic partnership which, it claimed, would have seen the Chinese tech giant take over Sony’s international PC business. The report follows Sony’s recent guidance that its PC division will likely report a loss for the current fiscal year.

However, Sony quickly denied that it was negotiating a joint venture with Lenovo, but its comments left plenty of room for speculation over the future of its Vaio line. In a statement, the company said: “Sony continues to address various options for the PC business, but the press report on a possible PC business alliance between Sony and Lenovo is inaccurate.”

According to Reuters, Sony will nonetheless “revise its product and manufacturing strategy for the Vaio unit”, in response to shifts in the industry which have seen significant declines in traditional PC sales, as buyers increasingly look towards a more mobile future of smartphones and tablets. While the PC market has continued to decline, sales of smartphones continue to grow, with over a billion handsets shipped last year - the first time this milestone has been passed. 

Lenovo certainly has plenty to be getting on with for the time being, even without the acquisition of Sony’s PC business, having recently acquired IBM’s low-end server business, as well as purchasing Motorola Mobility from Google this week.

Source: Reuters

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What exactly is the Sony PC business...laptop/desktop? Does that mean they will continue selling in the tech space with Phones and Tablets? The PC business is not doing well anyway.

"Various options". Smells like BS to me. Sony's in enough of a crappy state as it is and should just dump all the loss making entities. Their stubbornness will be their downfall if they don't as their credit rating is already at junk and their share price is dropping fast again too.

I hope not. I like Sony but they really need to do a better job at competing including lowering prices. Their products are quality and have a good design. If a Chinese company does buy them I guess it won't matter so much since Sony's products are already built in China. As long as their products remain quality and good design. Then again it would not bother me so much since their are other brands I would buy too.

Inaccurate means a tiny detail was off. The rest is true. Almost bought a Vaio at Best Buy this weekend since it was $200 off. Glad I didn't.

Ugh. Please no. Does China have to own almost everything?

There really needs to be more global competition in the PC market, not less. Especially not concentrated in China. Vaio has always been on the high-end in prices, but maybe Sony should consider toning the pricing down a bit, and removing all proprietary components from it's laptop lines. That could possibly help a bit.

Or maybe try making them in better quality. So many open item Sony's at Best Buy... The worst one is probably that stupid $600 Flip PC with the Pentium processor. And then there's the designs...

I really hope Lenovo doesn't buy them.

Edited by dead.cell, Feb 4 2014, 5:14am :

Quikboy said,
Ugh. Please no. Does China have to own almost everything

Why not?, US companies have proven they can't run them. These companies need an owner who will invest in their future, rather than one only interested stripping their carcass bare in the name of "quarterly returns"

1. China prefers the model of buying nurtured brands abroad. With Chinese government in the boat, it's easy for them to get loans.

2. Chinese government procurement rules favor domestic companies as it hasn't signed on to the World Trade Organization's guidelines pertaining government procurement

3. They benefited from government rules preventing foreign computer makers from setting up distribution systems in China.

etc etc

PC manufacturers will probably need to consolidate before too long. I can't see there being enough of a market to support splitting it so many ways with tablets and such becoming more popular.