Sony trims loss forecast after strong third quarter, sees higher sensor sales


BETTER THAN EXPECTED: The consumer electronics firm said preliminary results showed that operating profit had doubled to 178.3bil yen (RM5.42bil) in the October-December quarter, while sales rose 6% to 2.56tril yen (RM77.86bil).

TOKYO: Japan's Sony Corp said its net annual loss will likely be smaller than previously forecast after cost cuts and higher-than-expected sales of its image sensors and PlayStation video game consoles helped its third-quarter profit beat estimates. 

The consumer electronics firm said preliminary results showed that operating profit had doubled to 178.3bil yen (RM5.42bil) in the October-December quarter, while sales rose 6% to 2.56tril yen (RM77.86bil). 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

China wants everyone to trade in their old cars, fridges to help save its economy
HK$888,888 for a set of plastic utensils? Hongkongers have some fun with ban
North Korea hacking teams hack South Korea defence contractors - police
Vietnam's FPT to invest $200 million in AI factory using Nvidia chips
Report urges fixes to online child exploitation CyberTipline before AI makes it worse
OVH Groupe's H1 core profit beats forecasts
Tech CEOs assess the AI revolution so far
Your brain waves are up for sale. A new law wants to change that.
Here’s how to file your income tax returns online with LHDN, deadline May 15
Earth Day: How AI is helping drive down food waste

Others Also Read