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    Home » Sony ex-CEO Idei, who led digital large into the web age, dies at 84

    Sony ex-CEO Idei, who led digital large into the web age, dies at 84

    EditorialBy EditorialJune 7, 2022Updated:June 7, 2022 World No Comments3 Mins Read
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    Nobuyuki Idei, who led Japan’s Sony from 1998 to 2005 and is given credit score for the Vaio laptop computer, readied the corporate for the Internet age and pushed for world enlargement despite the “Sony shock.”

    Nobuyuki Idei, who led Japan’s Sony from 1998 to 2005 and is given credit score for the Vaio laptop computer, readied the corporate for the Internet age and pushed for world enlargement despite the “Sony shock.”

    Nobuyuki Idei, who led Japan’s Sony from 1998 by way of 2005, overseeing its development within the digital and leisure sectors, has died, the corporate mentioned Tuesday. He was 84.

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    Idei died of liver failure on June 2 in Tokyo, Sony Group Corp. mentioned in an announcement.

    Sony Chief Executive Kenichiro Yoshida mentioned he and the corporate had been indebted to Idei’s imaginative and prescient in getting ready Sony for the Internet age.

    “During his seven years as CEO from 1998, Mr. Idei made an immense contribution to Sony’s evolution as a global company. In particular, the prescience and foresight with which he predicted the impact of the Internet and engaged proactively with digitalization across Sony amazes me to this day,” Mr. Yoshida mentioned.

    Tokyo-based Sony is amongst Japan’s stellar manufacturers, having introduced the world the Walkman transportable music participant. But it had humble beginnings within the Nineteen Forties, when the nation was rebuilding from the ashes of World War II.

    Idei joined Sony in 1960, after graduating from Tokyo’s prestigious Waseda University, and labored in Sony’s audio and video divisions. He was appointed president in 1995, and is credited with being behind hit merchandise such because the Vaio laptop computer.

    He grew to become chief government three years later and pushed Sony’s digital operations beneath the slogan “Digital Dream Kids.” He additionally accelerated Sony’s world enlargement, together with the PlayStation online game enterprise, and Sony’s sprawling leisure empire which incorporates music and films.

    Idei additionally solidified a worldwide group administration framework and company governance construction on the firm. He was appointed to guide Japan’s authorities IT Strategy Council in 2000, serving to the nation arrange broadband networks.

    He was succeeded by Howard Stringer, the primary non-Japanese head to guide Sony, an appointment meant to higher combine Sony’s electronics and leisure companies.

    In 2003, beneath Idei’s helm, Sony inventory tumbled in what was dubbed the “Sony shock” after it reported worse-than-expected crimson ink.

    Sony had repeatedly promised to generate earnings by way of futuristic devices that may let customers stream and obtain leisure, permitting the corporate to use each its electronics and leisure divisions.

    After his retirement from Sony, Idei established the consulting firm Quantum Leaps Corp.

    Idei is survived by his spouse and their daughter, based on Sony. A personal funeral service was carried out and an organization memorial occasion is reportedly being deliberate.

    Source: www.thehindu.com

    Japan Nobuyuki Idei Sony Sony Shock Tokyo Vaio Waseda University
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