Sony and Lenovo in talks on a possible joint venture to take over the Sony Vaio PC business loss abroad, Japanese broadcaster NHK reported Saturday. Sony continues to deal with a variety of options for computer business, report about a possible PC business alliance between Sony and Lenovo are inaccurate the company said in a statement and Sony has said it plans to review its product and strategy for Vaio unit is facing the decline of its PC business, hit by the popularity of smartphones and tablets.
Moody's Investors Service downgraded Sony's debt rating to junk status last week , highlighting the difficulties of its television and computer business and its profitability pressure all major consumer electronics operation. Lenovo earns about 80 % of the revenue from the personal computer, but has been aggressively diversifying into more promising markets.
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