Sony posts 10% profit rise on image sensor boost in April-June quarter

Quick Summary:

The games industry is grappling with rising costs and weak pricing power.

Sony said its assumed exchange rate for the year is approximately 145 yen to the dollar.

Japanese shares have been buffeted by volatility in recent days with the market falling heavily before bouncing back.

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Article Details

Category: BusinessFinance

Markets: IndiaJapan

Topics: Image sensor boost Sony Yen Foreign exchange Smartphone sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 14:54:26 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 300 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21968842

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Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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