Sony to develop 'iPod killer' video Walkman

Sony Corp said it is developing a video-capable Walkman, playing catch-up with Apple's market-leading iPod.

Sony Corp said it is developing a video-capable Walkman, playing catch-up with Apple's market-leading iPod.

Sony created the market for portable music players with its epoch-making Walkman more than a quarter of a century ago, but in recent years it has trailed far behind Apple, whose iPod holds more than half the global digital media player market.

"We are developing a product that handles images, but I cannot make any comment on specific plans," Sony Senior Vice President Hiroshi Yoshioka told a news conference that unveiled upcoming Walkman models.

Apple launched a video-enabled iPod last October.