Sony’s net profit fell 86% in the January-March quarter compared with a year earlier
Sony Corp. said it expected operating income to fall by at least 30% in the current fiscal year assuming that business operations return to normal by the end of the year, citing slower sales of electronics and life insurance.
The Tokyo company reported a bright spot in its image-sensor business, which supplies parts for cameras in phones made by Apple Inc., Huawei Technologies Co. and others. Resilient demand for smartphones with new fifth-generation wireless technology helped sales in that business rise 20% in the January-March...
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