Game and camera chip sales strong | Sony shares next up 20%

November 13, according to Reuters, the US financial magazine Barron's, said recently that with the Sony smartphone camera chip and video game systems, software sales more robust in the coming year, the company's share price may Rose another 20%.

According to Barron's, the company was the market leader in consumer electronics but in recent years Sony has fallen behind in the sales of TVs, PCs and smartphones, and in the two fiscal years ending in March 2012, Sony accumulated losses of more than 90 billion US dollars, about half of its market value.

However, a series of aggressive cost-cutting measures such as reorganization of the TV business, the sale of the Vaio computer line in 2014, and the slashing of the smart phone business helped Sony boost its business.

Sony game and camera chip is the company has a strong field in the game, Sony said that since its launch four years ago, it has sold more than 60 million PlayStation 4 console, which is almost Microsoft's Xbox One series of game consoles Expected sales double.

As consumers continue to upgrade to OLEDs and 4K screens, Sony's remaining television business is benefiting from the recovery in this industry.Sony also learned to make money through streaming media and make money in a role-playing game packaged as a smartphone app , Barron's Weekly added.

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