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Sony chief executive outlines turnaround plan

Quick ReadSony chief executive outlines turnaround plan toward profit in gaming, TV businesses

Chairman and CEO of Japan's Sony Corporation Howard

Photo credit: Getty/TORU YAMANAKA | Chairman and CEO of Japan's Sony Corporation Howard Stringer said Sony has emerged from the economic crisis leaner, more nimble and back on track to become a world leader in networked digital gadgets.

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TOKYO (AP) — Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way to showcase its strength in entertainment and surface from deep losses.

"Our work is already bearing fruit," Chief Executive Howard Stringer said Thursday in outlining Sony's turnaround strategy at the electronics giant's Tokyo headquarters. "We...

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