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Sony Says Bracing For Smartphone Slowdown After Sensor Sales Dip


Ron Burgundy
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A logo of Sony Corp is seen outside its headquarters in TokyoSony Corp , widely regarded as a key supplier of image sensors for Apple Inc's iPhones, said on Friday it was bracing for a slowdown in the premium smartphone market after sales of its sensors fell in the third quarter. Videogame sales and cost cuts in Sony's flagging mobile unit pushed October-December operating profit up 11 percent, beating analyst estimates, but the firm confirmed a much-feared hit to a segment that in recent quarters helped it shake off years of losses. "Demand for image sensors from certain customers has slowed since November due to a slowdown in the high-end smartphone market," Chief Financial Officer Kenichiro Yoshida told reporters at a briefing, without naming the clients.




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