SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NEXTEL

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: thebeach who wrote (9251)7/7/1999 2:06:00 AM
From: thebeach  Read Replies (1) of 10227
 
SAN DIEGO (Reuters) - Sony Digital
Telecommunications of America, an affiliate of Sony
Corp., said Tuesday it will discontinue its North
American wireless phone business and lay off 200
employees at its San Diego center.
The company, which employs 3,500 people at its
Sony Technology Center in San Diego and 25,000
staff throughout North America, expects to complete
the pull out by the end of September.
"Wireless technology is indispensable for Sony to
create a new IT-telecommunications world in the
digital network era," Katsumi Ihara, president of
Sony's global Digital Telecommunications Co. in
Tokyo, said in a statement.
"Sony will continue with its efforts to develop new
products and technologies in this area, while
supporting and reinforcing our current wireless
business in Asia, Oceania and Europe."
Sony also said it planned to continue its
U.S.-based wireless telecommunications research
activities in San Diego.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext