Sony to raise nearly $4 bn, ramp up sensors business to anchor turnaround

Last Updated: Tuesday, June 30, 2015, 14:19

Japan`s Sony Corp plans to raise nearly $4 billion via new shares and bonds to plough into image sensors as it reinvents itself as a niche component maker, pulling back from consumer goods like TVs that dragged it into losses.

Sony to raise up to $3.6 billion to boost sensor production

Last Updated: Tuesday, June 30, 2015, 11:56

Sony Corp said it plans to raise up to 440 billion yen (USD 3.6 billion) by issuing new shares and convertible bonds to invest in its fast-growing image sensors business.

Sony shares climb 3 percent after full-year guidance hike

Last Updated: Thursday, April 23, 2015, 06:35

Shares of Sony Corp rose 3 percent in early trade on Thursday after the company raised its earnings estimates for the fiscal year just ended, bolstered by higher-than-expected sales of video games and digital cameras.

Sony raises full-year profit view on strength in sensors, videogames

Last Updated: Wednesday, April 22, 2015, 13:11

Japanese consumer electronics maker Sony Corp <6758.T> on Wednesday raised its earnings estimates for the fiscal year that ended in March, citing higher-than-expected sales of camera sensors and videogames.

Sony Corp halves stake in Olympus to raise funds for growth

Last Updated: Wednesday, April 1, 2015, 17:32

Japan`s Sony Corp halved its stake in camera and endoscope maker Olympus Corp to raise funds for a restructuring drive under which it is boosting investment in sensors and videogames while pulling back from unprofitable segments.

Sony sees 25-fold profit jump by 2018 through videogames, sensors

Last Updated: Wednesday, February 18, 2015, 14:05

Sony Corp aims to boost its operating profit 25-fold within three years by focusing on its more profitable image sensors, videogame and entertainment businesses, its chief executive said on Wednesday.

Sony trims loss forecast after strong Q3 on higher sensor sales

Last Updated: Wednesday, February 4, 2015, 17:16

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

Sony to cut 1,000 jobs in smartphone business: Sources

Last Updated: Wednesday, January 28, 2015, 07:58

Sony Corp plans to cut around 1,000 additional jobs in its struggling smartphone division as it tries to bring its electronics business back into the black, sources said on Wednesday.

Sony`s PlayStation offline, Microsoft`s Xbox restored

Last Updated: Saturday, December 27, 2014, 10:32

Microsoft`s online network for its Xbox gaming console was restored to nearly full service Friday after an allegedly coordinated Christmas Day hack brought it and Sony`s PlayStation network down.

Sony PlayStation, Microsoft Xbox websites hit by delays

Last Updated: Friday, December 26, 2014, 10:09

Microsoft Corp`s Xbox Live and Sony Corp`s PlayStation Networks experienced user connection problems on Christmas Day, for which a hacker group claimed responsibility.

Sony considering sale of unit that owns Beatles songs: Report

Last Updated: Wednesday, December 24, 2014, 09:34

Sony Corp is considering a sale of its Sony/ATV Music Publishing unit, which owns the rights to most of the Beatles` songs, the Wall Street Journal reported, citing the company`s leaked internal emails.

US considers 'proportionate' response to Sony hacking attack

Last Updated: Friday, December 19, 2014, 02:28

The United States said on Thursday a cyber attack on Sony Pictures blamed on North Korea was a serious national security matter and the Obama administration was considering a proportional response.