It’s big news in Sony this Thursday morning: the Japanese tech giant has sold off its VAIO PC division to Japan Industrial Partners (JIP), via a Memorandum of Understanding to sell all the company’s PC-related assets, which will be complete by July of this year.
Meanwhile, Sony is no longer designing new VAIO PCs, and will stop producing them as well once the entire new set of computers are sold worldwide. Instead, they will focus on post-PC gear (smartphones, tablets) to bring in valuable income in the computing sector.
Keep in mind, the damage: the death of 5,000 jobs—1,500 of those in Japan—while Japan Industrial Partners will take on just 300 staff. On the upside however, both companies will offer aftercare warranties for existing VAIO owners, so there’s that.