Breaking News

LIAN LI Introduces the Platinum Certified SX PSU Series Micron Ships Automotive UFS 4.1 Apple introduces Digital ID DJI Launches Neo 2 PlayStation Plus Game Catalog for November 2025

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Sony Reports Record Second Quarter Profit As a Result of Image Sensor Demand

Sony Reports Record Second Quarter Profit As a Result of Image Sensor Demand

Enterprise & IT Oct 30,2019 0

Sony on Wednesday said operating profit jumped 16% in the second quarter, as robust sales of image sensors offset a tumble in earnings from its gaming division.

The results prompted the Japanese entertainment and electronics firm, to lift its full-year profit outlook.

Demand for smartphone image sensors has grown as phone manufacturers introduce multiple-lens camera systems for high-end models.

Sony’s operating income came in at 279 billion yen ($2.6 billion) for the July-September quarter.

Profits for its sensor division surged 59% to 76.4 billion yen, a record for any quarter.

Gaming profits slid 28% to 90.6 billion yen as contributions from big gaming hits last year, such as “Marvel’s Spider-Man”, waned and sales for its mainstay PlayStation 4 console, now six years old, fell.

The company also said it had finalised plans to build a new image sensor plant in Nagasaki.

“Originally the plans were laid in response to the huge mobile phone market but going forward image sensors will be in demand in various areas related to the Internet of Things. They also eventually be used in applications related to autonomous driving,” CFO Hiroki Totoki told a briefing.

Sony also faces competition as Google and Apple Inc have entered the market for game streaming services. Sony this month slashed its annual subscription fee for its PlayStation Now cloud gaming service by 40% to $59.99.

Sony also lifted its annual profit forecast to 840 billion yen from an earlier estimate of 810 billion yen.

Tags: SonyCMOS image sensorfinance
Previous Post
WarnerMedia's HBO Max Service to Cost More Than Rivals
Next Post
Nokia Hires 350 Workers to Accelerate 5G Development

Related Posts

  • First look at PlayStation’s 27” Gaming Monitor

  • Sony Unveils Sony FE 100mm F2.8 Macro GM OSS

  • Sony Reimagines its 10 Series with Xperia 10 VII

  • Sony’s 360 Virtual Mixing Environment now available in Europe

  • Sony completes its INZONE gaming gear range with new headsets and more

  • PlayStation announces FlexStrike wireless fight stick

  • Sony Introduces the RX1R III

  • Sony launches a high-resolution shotgun microphone with superior sound quality and compact design.

Latest News

LIAN LI Introduces the Platinum Certified SX PSU Series
PC components

LIAN LI Introduces the Platinum Certified SX PSU Series

Micron Ships Automotive UFS 4.1
Enterprise & IT

Micron Ships Automotive UFS 4.1

Apple introduces Digital ID
Enterprise & IT

Apple introduces Digital ID

DJI Launches Neo 2
Drones

DJI Launches Neo 2

PlayStation Plus Game Catalog for November 2025
Gaming

PlayStation Plus Game Catalog for November 2025

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed