Sony Vaio sale no panacea for troubled company

Sony's sale of its Vaio PC business to Japan Industrial Partners is a step in the right direction but it is no quick fix for the troubled company.

Sony confirmed on Thursday that it is selling its loss-making Vaio PC business to buyout firm Japan Industrial Partners (JIP), a move analysts described as a step in the right direction as the Japanese electronics giant strives to get back to profitability.

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