Japan’s Sony to reorganize key businesses

TOKYO (AP) — Sony says it will reorganize its core businesses into two main divisions and promote a key executive.

The Tokyo-based company said Thursday it will combine its all of its consumer electronics businesses into a single group.

Rising executive Kazuo Hirai will be promoted to run the new entity, the “Consumer Products & Services Group.”

Another business group will be formed from combining Sony’s component and business-oriented units.

The changes will be implemented from April, the start of the company’s fiscal year.

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