Sony sensor business with 16% plus increase!

For once we don’t have bad news to report about Sony financial situation. Reuters reports that Sony expects its sales of imaging sensor chips to jump 16 percent to 360 billion yen ($3.52 billion) in the year ending this month. And Sony is pretty confident to growth further because of an increased demand of high quality cameras for “selfies” on smartphones! Yep, Okamoto from Sony said that

Smartphone makers are upgrading their front-facing cameras for users who want sharper self-portraits, and that has opened up a whole new market for Sony

Sony has calculated that capacity at its existing factories would be unable to keep up with demand by mid-2015, even with a drop in demand for compact camera sensors. Now let’s see if they can sell more Sony cameras too :)