TOKYO -(Dow Jones)- Sony Corp. said Thursday it will begin from Dec. 13 domestic sales of a home-use device that can function as both a "PlayStation 2" game console and a DVD/hard-disc drive recorder.
The new device, called the "PSX," is strategically important for Sony, which aims to catch up with its domestic peers in the rapidly expanding DVD/HDD recorder market, including Matsushita Electric Industrial Co. (NYSE:MC - News) and Pioneer Corp. .
The Japanese consumer electronics and entertainment giant aims to become a top DVD recorder supplier in Japan in the second half of this fiscal year through March. Matsushita currently leads the market, with an estimated market share of around 50%.
http://biz.yahoo.com/djus/031127/0519000515_2.html
The new device, called the "PSX," is strategically important for Sony, which aims to catch up with its domestic peers in the rapidly expanding DVD/HDD recorder market, including Matsushita Electric Industrial Co. (NYSE:MC - News) and Pioneer Corp. .
The Japanese consumer electronics and entertainment giant aims to become a top DVD recorder supplier in Japan in the second half of this fiscal year through March. Matsushita currently leads the market, with an estimated market share of around 50%.
http://biz.yahoo.com/djus/031127/0519000515_2.html