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Monday, February 10, 2014

Sony Gives Up On The PC Market


Times are tough for everyone in every industry these days, and even huge companies that are making the PCs that you use every day are no exception. There are a ton of companies out there doing the same thing, and less people have extra money to upgrade to the latest and greatest things that are coming out. When your company is struggling with a business that isn't even your main priority anymore, it's probably about time to give it up. And that's exactly what Sony is doing. They are selling their PC business to investment fund Japan Industrial Partners.

Sony has previously came out and said that they were talking to Lenovo about joining forces, so it's a little bit odd that Vaio isn't being sold to another huge PC brand. That makes the whole thing a bit more surprising. But, if you really think about it, the PC market isn't doing that well at all. In 2013 the entire PC market went down by 10%, even after 316 million PCs were sold.

When Sony announced the sale of Vaio, they spoke on the huge changes in the global PC industry and also stated that smartphones an tablets were the number one concern of the company. They have been moving more toward the mobile side of tech, and that's where they need to aim their focus.

If this news surprised you, then you may have quite a few more surprises headed your way. It's very likely that we will see many more huge brands doing the exact same thing as the industry keeps changing. Everyone was blown away when IBM