TOKYO: Japanese consumer electronics firm Sony has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous estimate, the Nikkei reported on Saturday. Expectations for higher sales of display sensors used in mobile phones and the Playstation gaming console were the reason Sony raised its forecast, the Nikkei reported without citing sources. No one from Sony was available to comment.
TOKYO: Sony has said it would spend an extra 45 billion yen ($376 million) in the fiscal year that started this month to further boost output of imaging sensors, increasing its focus on a business that has become one of its strongest as its TV and mobile operations struggle. Sony said it plans to expand production capacity for image sensors to 87,000 wafers per month by the end of September 2016 to meet growing demand from smartphone makers, compared with current levels of around 60,000 wafers per month.
WASHINGTON: Sony Computer Entertainment is buying various assets of OnLive, including 140 US and international patents for cloud gaming services. Onlive will be shutting its operations on April 30. The company is not renewing any subscriptions, and users whose subscriptions renewed on or after March 28 will be refunded. OnLive says that the OnLive Game Service, OnLive Desktop and SL Go (Second Life) will all be available until April 30.
Sony Mobile Communications aims to ship 38 million smartphones in fiscal 2015 (April 2015-March 2016), down slightly from 39.2 million units shipped in the previous fiscal year, according to sources at Taiwan’s handset supply chain. The lower shipment target comes as the Japan-based vendor is still overhauling its handset business and has also shifted its focus to the mid-range to high-end segment, said the sources.
NEW YORK: Spotify is coming to the PlayStation, replacing Sony’s own Music Unlimited service, as the company continues to expand the game console into an entertainment hub beyond video games. Spotify hits the PlayStation 3 and 4 on Monday, with a new app adapted for large television screens. Sony says partnering with Spotify expands its music service to 41 countries, rather than the 19 available with Music Unlimited, and offers better tools for playlists and music discovery.
In the wake of continued slow sales of its LCD and smartphone products, Sony is expected to lower the sales ratio of low-margin products and thus will adjust its outsourcing policy, a move which will affect Taiwan-based ODM/OEM partners, including Foxconn Electronics, TPV Technology and Arima Communications, according to industry sources.
Japanese electronics company Sony announced that their flagship video game console PlayStation 4 and handheld gaming device PlayStation Vita will be officially available in the Chinese mainland market on March 20, 2015. Prior to this, Sony announced plans to provide the two products in China from January 11, 2015. However, due to various reasons, the debut launch was postponed. Sony also revealed that by March 8, 2015, the company had sold 20 million PlayStation 4 consoles worldwide.
Sony’s next-gen gaming console, Playstation 4, has a release date in China. Again. The console, which was originally slated for release in the Middle Kingdom in early January, saw its launch postponed indefinitely for reasons that were not disclosed. Now, the device has a new China launch date: March 20.
British airline Virgin Atlantic has begun an eight-week trial of Sony wearable technology within its engineering department for maintenance and repairs. The trial is being conducted at the airline’s busiest airport, London Heathrow. The aim is to ascertain how the technology can be used for “real time communication between the engineering team on the aircraft and in the engineering support areas”.
NEW DELHI: Samsung and Sony’s flagship smartphones of 2014, Galaxy S5 and Xperia Z2, are now available for less than Rs 3,000 on e-commerce websites in the country. The South Korean manufacturer will launch the update to Galaxy S5 on January 1, while Xperia Z2’s successor has been in the market for nearly six months. Flipkart is selling the Galaxy S5 for Rs 28,999 (US$ 470), while Xperia Z2 can be bought for Rs 29,900 (US$ 485). On other e-commerce websites, such as Amazon and Snapdeal, the models are still priced at more than Rs 30,000.
TOKYO, Feb 23 — “How many people came for video games?” asks a keynote presenter at Sony Corp.’s PlayStation bash in Las Vegas last December. The crowd roars. “And how many came to give Shu Yoshida a hug?” The roar gets even louder. The man in question is an unlikely celebrity. Short and bespectacled, the 50-year-old Shuhei Yoshida is president of Sony’s worldwide game studios. What he’s done to draw such affection is champion some of the biggest hits in the business and prove people will pay US$70 (RM255) for top-notch titles even in a world with thousands of free smartphone games.
Sony (China) Ltd., which sells TVs and digital products, will implement a large-scale layoff across China that mainly targets regular employees in local offices. According to reports in Chinese local media, Sony has over 40 subsidiaries and offices in 13 regions in China, including Beijing, Chengdu, Fuzhou, Guangzhou, Hangzhou, Jinan, Nanjing, Shanghai, Shenyang, Shenzhen, Tianjin, Wuhan, and Xi’an.
Although the Mobile World Congress doesn’t officially get underway until March 2, Sony has decided to unveil its first new smartphone of 2015, the affordable Xperia E4, several weeks early. It’s all very well dazzling potential customers with specs relating to processor speeds, RAM and internal storage, but for the majority of consumers, the most important criteria when choosing a smartphone are battery life, screen size and camera quality.
Although Sony Mobile Communications, LG Electronics, Motorola Mobility and Asustek Computer have launched Android Wear-based smartwatches, Samsung Electronics, HTC and some China-based makers are likely to release comparable models running on their own platforms initially, according to industry sources.
Sony Mobile Communications will increase its purchases of handset solutions from MediaTek for production of entry-level and mid-range smartphones in 2015, according to sources at Taiwan’s handset supply chain. Sony Mobile is also expected to maintain cooperation with a number of Taiwan-based handset ODMs, including Foxconn/FIH Mobile, Compal Electronics and Arima Communications.
Singapore’s leading telco Singtel has announced today that it will launch an online streaming video service in Asia. It’s a joint-venture with Sony Pictures and Warner Bros, and will bring Hollywood movies, television series, as well as local programming to audiences in Indonesia, India, Thailand, and the Philippines.
STOCKHOLM: Swedish music streamer Spotify will provide the soundtrack for Sony devices, the companies said on Wednesday (Jan 28), spelling the end to the streaming music service from the Japanese tech giant that invented the Walkman. The deal – which makes the Swedish startup the exclusive provider for Playstation Music and Sony’s smartphones and tablets – sees the companies link up in 41 markets.
LAS VEGAS: Sony Corp CEO Kazuo Hirai has weathered a crisis over a cyberattack on its Hollywood studio and its controversial comedy “The Interview”, but his toughest moment may be just arriving as he prepares a new business revival plan. After failing to turn around the storied creator of the Walkman since taking the helm in April 2012, Hirai and his deputies are now open to options including sales and joint ventures for its money-losing TV and mobile phone operations, company officials familiar with the leadership’s thinking say.
Last week, news broke that unlike Microsoft’s Xbox One, the Playstation 4 and PS Vita would not be region-locked when they were released in China this week. I was away on paternity leave, but with one eye on the baby and one eye on the news, I was surprised to see that a lot of gaming media outlets ran the story. My gut response was that there was no way it could be true.
Sony Pictures chief executive Michael Lynton has spoke on the cyberattack, seven weeks after it started, claiming there won’t be any financial loss. The statement comes as a surprise, considering Sony Pictures had to replace most of its computers, buy new security teams and software, and potentially fight court battles against ex-employees. However, Lynton claims insurance will help cover the major costs for the Sony Pictures attack, which could ramp up to over $100 million in costs.