The Business Times

Sony

Telcos, Media & Tech

PlayStation prices rise as US tariffs bite

Data firm Newzoo has forecast that revenue in the global games market should hold steady at just under US$190 billion this year..
Companies & Markets

Games industry in search of new winning combo at this week’s Gamescom trade fair

While glimmers of optimism have emerged for Japanese companies, the outlook remains overshadowed by uncertainty over when Trump will lower his tariffs on Japanese automobiles and new questions about duties on pharmaceuticals and semiconductors.
Global Enterprise

Trump tariffs split Japan Inc as Toyota cuts forecast while Sony, Honda raise

Sony makes camera sensors for Apple’s iPhone and most of its Android-based competitors.
Telcos, Media & Tech

Sony lifts outlook on entertainment demand despite tariff threat

Booming global appetite for Japanese animation has become a money-spinner for Sony.
Telcos, Media & Tech

Sony buys stake in ‘Gundam’ owner to grow anime business

Sony Group CEO Hiroki Totoki says: “It is significant that, through the spinoff, Sony (Financial Group) will secure its own fundraising capabilities while continuing to use the Sony brand and collaborate with Sony Group.”
Telcos, Media & Tech

Sony says spinoff will give financial arm its own fundraising capabilities

The US comprises the bulk of PlayStation 5 sales, which is mostly produced in China.
Telcos, Media & Tech

Sony sees 100 billion yen tariff hit in underwhelming outlook

In a blog post on Thursday, Xbox said it will raise prices of its products in the United States, Europe, Australia and the United Kingdom.
Companies & Markets

Xbox joins PlayStation in hiking console prices amid US tariff pressures

Operating profit margins at Sony’s imaging and sensing solutions segment has been steadily declining from about 25 per cent to a little over 10 per cent over the years.
Telcos, Media & Tech

Sony weighs chip spinoff that Dan Loeb called for years ago

This general view shows the Sony Group Corporation company name outside the company's headquarters in Tokyo on May 2, 2024. The Japanese entertainment and electronics conglomerate will release full year earnings on May 14. (Photo by Yuichi YAMAZAKI / AFP)
Companies & Markets

Sony hikes profit forecast on strong gaming business

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