Sony lifts earnings outlook
Japan's Sony Corp lifted its full-year operating income forecast on Tuesday, expecting to book its highest-ever profit due to strong sales of image sensors used in smartphones and other devices.
The electronics firm forecast profit of 630 billion yen for the year ending March, from 500 billion yen estimated three months ago. Meeting the new forecast would mean Sony exceeding its previous record of 526 billion yen set in the year ended March 1998, when strong sales of consumer electronics.
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