Wednesday, July 1, 2015

Sony Banking on Its Image Sensors; Will Raise $4 Billion to Invest in Development and Production

Once known for its compact discs and Walkmans, Sony has suffered losses from its consumer goods in recent years. These losses, along with the success of the division in charge of image sensors lead to a surprising move by the Japanese giant. Sony announced yesterday that it will raise 440 billion yen (nearly $4 billion) [...]

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