Sony profit warning stuns investors

TOKYO/SEOUL -- Sony Corp and LG Electronics Inc stunned investors on Thursday, warning of big losses, underlining the deep pain in the consumer electronics market as demand crumbles in a brutal global downturn.

Japan's Sony, maker of Bravia flat TVs, Cyber-shot digital cameras and PlayStation game machines, said it would post a bigger-than-expected US$2.9-billion operating loss this business year due to sliding demand, a stronger yen and as it restructures its ailing electronics operations...

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