Howard Stringer, Sony's former CEO and current chairman, plans to retire in June, Beijing time reported on March 11. In addition, Skinner said he would accept board positions in the medical and education fields he was interested in, and did not disclose other plans.
The Wall Street Journal's commentary pointed out: 'Sony's inability to regain the magic of the industry symbolically shows the problems of the entire Japanese electronics industry. Now the rising yen has brought many disadvantages, and the IT industry is also changing to the direction of digital technology. As a result, Japan's manufacturing industry, which was once strong, is shrinking. It is understood that Skinner's efforts to strengthen Sony's entertainment business during his term of office have made the PS3 a great success and high praise in the market; however, Sony has lost its dominant position in the TV field and was defeated by Samsung; similarly, in the digital music player market, Sony lost to apple.