Sony chairman to retire in June

Sir Howard Stringer, the chairman of Sony, is to retire from the Japanese technology giant in June.

The Welsh-born businessman became Sony's first foreign chief executive in 2005, a post he left last year.

He presided over a difficult period for Sony, as the firm restructured and cut costs but struggled to compete with brands such as Apple and Samsung.

The 71-year-old spent 15 years at Sony, following a 30-year career at US broadcaster CBS.

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