Sony on Wednesday inflated its annual loss forecast more than four-fold to $2.14 billion, saying it would book a huge charge tied to its mobile phone business.
The Japanese electronics giant said it now expected to lose 230 billion yen in the fiscal year to March 2015, up from a previous net loss forecast of 50 billion yen.
Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.
