Hurting Sony apparently makes a smart move by enhancing the partnership with the much more successful "enemy" Samsung.
The numbers say it all: Sony's 2004 revenue was $72 billion with net profits of only 851 millions. Samsung's revenue was $55 billion, but they had $10.3 billion net profits. Samsung's market cap is more than twice that of Sony.
Sony and Samsung already jointly invested $2 billion in South Korea to manufacture LCD displays and are partners in the blu-ray organization. The partnership is not new, but is growing bigger and bigger.
The NY Times has a detailed background story on the Sony Samsung partnership.
Sony really just shines in the gaming sector. The Sony PSP is hot and the Sony PS3 promises to be ultra-hot.
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