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Sony's profit forecast below analyst estimates

Repair of earthquake-hit chip factory and slowing demand for smartphone parts to take toll on earnings

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Sony Corp has forecast annual profit that fell short of estimates, hurt by costs to repair an earthquake-damaged chip factory and slowing demand for smartphone components.

Tokyo

SONY Corp has forecast annual profit that fell short of estimates, hurt by costs to repair an earthquake-damaged chip factory and slowing demand for smartphone components.

Net income will probably decline 46 per cent to 80 billion yen (S$1.01 billion) in the 12 months ending

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