Sony's Stringer replaced
- Published: 1 Feb 2012 at 18.33
- Online news:
Troubled Japanese tech giant Sony's president and CEO Howard Stringer is to step down, the firm said Wednesday as it looks to staunch four years of losses in the face of fierce competition.
Howard Stringer, seen here in 2011, the Welsh-born American head of Japanese games, music and electronics giant Sony, is to step down as the firm's president and CEO.
Sony has been assailed on multiple fronts, with mobile phones challenging its key games division -- the scene of an embarrassing hacking scandal -- huge losses in televisions, and piracy threatening its music and film assets.
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