Sony may sell camera parts to smartphone competitors

Tokyo

SONY Corp said it can still make money from smartphones - by selling camera components to competitors of its own Xperia models.

Revenue from the business that makes sensors, camera modules and memory storage will rise to 1.3 trillion yen (S$14.4 billion) to 1.5 trillion yen in the year ending March 2018, the company said on Tuesday. That compares with a forecast of 890 billion yen for the current year.