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Sony Money Raises Plan to Image Sensors

 

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The reputed company Sony corporation is in a plan to collect funds that is upto $4 billion with issuing new shares and bonds and want to splurge maximum cash in the production of more and more of stacked image sensor R&D and production as well as also try to resurrect their position in the field of consumer goods where they had to face loss previous year.

“The image sensors, a key high-tech component in digital cameras and smartphones, have emerged as one of Sony’s strongest lines alongside its PlayStation videogames unit, helping the company recover from a long slide in TV and smartphone sales. Still, Sony is only just emerging from decline, booking a net loss of 126 billion yen in its latest fiscal year, though it expects a profit of 140 billion yen in the current year.”

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