Mobile technology sends Sony to a $2.1 billion fiscal year loss

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This situation has brought the electronics company to the point that it has had to suspend its dividend. For the first time since the company was first listed on the Tokyo Stock Exchange, back in 1958, Sony will be suspending its dividend and will not make a payout, because of the $2.1 billion loss that it saw throughout the fiscal year, caused primarily by its mobile technology business. Sony had been predicting a comeback in its business for mobile devices, but it experienced a considerable hiccup. In the fiscal year…

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