Sony keeps profit outlook as PlayStation 4 software sales surge


  • TECH
  • Monday, 01 Aug 2016

On the right track: Sony has reshaped itself to target expansion in lucrative areas such as videogames, entertainment and camera sensors, and not to pursue sales growth in areas such as smartphones where price competition with Asian rivals is acute.

TOKYO: Japan's Sony Corp said a strong yen and slower smartphone sales would weigh on its cash-generating image sensor business this year, but the popularity of its PlayStation 4 videogame should help it reach its profit target. 

Damage from earthquakes forced the electronics giant to partially halt its image sensor production in April, but Sony said on July 29 that the damage had been less than previously expected. 

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