Monday August 27, 2012

Sony to Shut Down Optical Drive Business

Sony announced it will be shutting down Optiarc, its optical drive division, as part of the company’s restructuring plan. Sony plans to eliminate over 10k jobs worldwide to cut costs and stabilize the company’s financial resources.

Sony Optiarc was founded in 2006 as a joint venture between Sony and NEC, with Sony buying NEC’s 45% share in 2008.

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