TOKYO, June 22 Sony Corp said on Friday
it would spend 80 billion yen ($997 million) to boost production
of image sensors as part of its strategy to boost income from
Sony, which posted a record net loss in the year to March
31, said it will complete the investment by September 2013 at
its CMOS image sensor plant in Nagasaki in southern Japan, with
half the money to be spent during the current business term as
part of outlays already announced.
Output at the plant will be 60,000 wafers a month once it
has established new production lines, the company said. These
will be sold to makers of smart phones and tablets and will also
be used for Sony's own products.
With its television unit hammered by weak demand and intense
competition from foreign rivals such as Samsung Electronics
the company is looking for ways to boost revenue and
profits in other divisions.
Sony expects sales at its TV unit, which has lost more than
$12 billion in 9 years, to fall 11 percent to 17.5 million this
The company's new president, Kazuo Hirai, in April said that
Sony's future lay in mobile devices such as the Xperia
smartphone, gaming and digital imaging. He set a target for
group sales of 8.5 trillion yen in two years, with an operating
margin of more than 5 percent.
($1 = 80.2750 Japanese yen)
(Reporting by Tim Kelly and Miki Kayaoka; Editing by Ramya