Tokyo: This file picture taken recently shows Japanese electronics giant Sony\'s new ultrabook computer \"Vaio Fit\" which has 13-inch to 15-inch multi-flip LCD display to change form from laptop PC to tablet in Tokyo. — AFP Photo TOKYO, Feb 5 (AFP) : Sony is in talks to sell its personal computer business to a Japanese investment fund as part of the electronics giant's wider restructuring, reports said Wednesday.
The leading Nikkei business daily said Sony was looking to sell the division to Japan Industrial Partners for between 40 billion yen and 50 billion yen ($396 million to $495 million). The fund would set up a new company that will continue selling PCs and laptops under the Vaio brand, in which Sony would retain a small stake, the Nikkei and other local media reported.
Sony had just a 1.9 per cent share of the global PC market in the first nine months of last year, according to the Nikkei.
A Sony spokesman said the reports were "not based on anything we have announced so we decline to comment on them, but we are studying various options for our PC business".Sony shares rose 4.57 per cent to 1,600 yen in Tokyo Wednesday, recovering its losses the previous day on the back of a broad market sell-off.
The reports come after public broadcaster NHK said at the weekend that Sony was in talks with Chinese computer giant Lenovo to set up a joint venture for its overseas PC business.
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