Sony is planning to close its optical drive division Optiarc, Japan?s Asahi Shimbun reports.
Optiarc, which holds a 10-15 percent share of the optical drive market, incurred huge losses to Sony in 2011, and Sony will reportedly shut it down by March.
Sony Optiarc was founded in 2006 as a joint venture between Sony and NEC, with Sony buying NEC?s 45% share in 2008.
The move is a part of Sony?s global restructuring effort, in which the company plans to cut some 10,000 jobs. Just last week, Sony announced it would cut 1,000 jobs in an effort to revamp its mobile division.
Source: http://mashable.com/2012/08/27/sony-optiarc-shutdown/
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