Sony to transform its Electronics Products & Solutions segment into new holding company
(Digital Photography Review)

Sony has announced it is transforming its Electronics Products & Solutions (EP&S) segment into an intermediate holding company. Starting April 1, 2020, Sony´s Imaging Products & Solutions, Home Entertainment & Sound and Mobile Communications divisions, which made up its EP&S segment, will be known as Sony Electronics Corporation. In a short statement on its public relations website, Sony Corporation says the creation of this new company `will not only accelerate the integrated operation of the EP&S businesses, but also aim to optimize its organizational structure, talent and business portfolio, while further enhancing competitiveness and creating new business.´ Sony has done multiple restructures in the past with little to no effect on consumers. It would appear that will be the case with this transition as well.