Sony is looking to streamline product development as it prepares to make a hard run at Apple and Samsung in the wake its PC business sell-off, according to a Japan-based report.
The Japanese electronics maker will pare the number of component suppliers to 250 from the current 1,000, Nikkei reported on Thursday.
The problem, as Sony sees it, is competing for parts with Samsung and Apple.
"Sony is said to spend almost 2 trillion yen ($19.5 billion) a year on parts procurement. But rivals Samsung Electronics and Apple reportedly shell out more than double that amount, and … Read more