Sony sells PC business

Sony has announced it is selling off its Vaio PC business.

The technology giant will sell its laptop and desktop computer business to Japan Industrial Partners. The sum is undisclosed, but is thought to be around the £300 million mark and Sony is , with Sony aiming to reach a definitive agreement by the end of March.

It is thought Sony will now It is thought the sell-off is to allow the company to avoid saying Sony again? to concentrate more on the popular smartphone and tablet market, which has exploded in recent years. It conceded “drastic changes in the global PC industry” was responsible for the sale and this was the “optimal solution”.

Sony also spoke of its intention to “to harness market expansion by developing and launching models tailored to specific local needs”.

The spring 2014 range of Vaio laptops will be the last made by Sony. The deal will see 5,000 staff – 1,500 in Japan and 3,500 internationally – let go from their jobs, as Sony will no longer have any part of the PC market.

TechRadar attributes the sale of the range being partly down to the premium price tag on the Vaio laptops, all-in-ones and notebooks.