Sony is a consumer electronics behemoth that sells everything from camera sensors to televisions, but the company has been losing ground to its Chinese and South Korean competitors in recent years, especially when in the smartphone and television markets. One area where Sony has consistently dominated, however, is the video game console market, and in an effort to continue with that success, Sony has decided to consolidate all of its PlayStation-related businesses under a new company known as Sony Interactive Entertainment.
A new company is now in-charge of Sony’s PlayStation business
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