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Former piracy site Crunchyroll cashes in on anime's global appeal

Digital Jul 15, 2023

Former piracy site Crunchyroll cashes in on anime's global appeal

by Sohee Kim

Crunchyroll expects the anime industry will have more than 800 million fans globally by 2025 outside markets in China and Japan.

Sony eyes factory expansion in Kumamoto, aiming to grow image-sensor business

Business / Corporate May 25, 2023

Sony eyes factory expansion in Kumamoto, aiming to grow image-sensor business

by Takashi Mochizuki and Yuki Furukawa

The Tokyo-based company has said it’s in talks to acquire 27 hectares of land for expansion in the city of Koshi in Kumamoto Prefecture, to the northwest of an existing factory.

Sony considers listing giant financial arm to aid big investment push

Business / Corporate May 18, 2023

Sony considers listing giant financial arm to aid big investment push

by Takashi Mochizuki and Yuki Furukawa

The entertainment conglomerate will consider such a plan over the rest of this fiscal year before making a decision.

Sony casts doubt on PlayStation momentum with cagey outlook

Business Apr 28, 2023

Sony casts doubt on PlayStation momentum with cagey outlook

by Takashi Mochizuki and Yuki Furukawa

The Tokyo-based firm said it expects operating income of ¥1.17 trillion ($8.7 billion) in the year ending March 2024, below average analyst estimates of ¥1.27 trillion.

Display maker JOLED, formed in Panasonic-Sony tie-up, seeks bankruptcy protection

Business / Corporate Mar 28, 2023

Display maker JOLED, formed in Panasonic-Sony tie-up, seeks bankruptcy protection

Japan Display, a former shareholder of the company and a maker of liquid crystal displays, will take over the venture's technological development business.

Sony chip unit sees limited impact from recent export curbs to China

Business / Corporate Feb 17, 2023

Sony chip unit sees limited impact from recent export curbs to China

by Kiyoshi Takenaka and Mayu Sakoda

Sony is the world's largest maker of image sensors widely used in smartphones and autos.

Rapidus considering building chip factory in Hokkaido, report says

Business Feb 15, 2023

Rapidus considering building chip factory in Hokkaido, report says

A spokesperson of the chip venture confirmed that the governor of Hokkaido will visit its headquarters in Tokyo on Thursday to discuss the potential plan.

Sony to promote veteran CFO to role overseeing global operations

Business / Corporate Feb 2, 2023

Sony to promote veteran CFO to role overseeing global operations

by Takashi Mochizuki and Yuki Furukawa

Hiroki Totoki will become president and chief operating officer of Sony on April 1, the company said Thursday.

Sony slashes PlayStation VR2 headset output after pre-orders disappoint

Business / Corporate Jan 31, 2023

Sony slashes PlayStation VR2 headset output after pre-orders disappoint

by Takashi Mochizuki

The company halved its forecast for shipments of the PSVR2, which is set for a Feb. 22 release, this quarter to about a million units.

Sony-Honda EV alliance unveils Afeela brand and Qualcomm partnership

Business Jan 5, 2023

Sony-Honda EV alliance unveils Afeela brand and Qualcomm partnership

by Kazuaki Nagata

The first model under the Afeela brand is expected to be delivered in 2026 in North America and will be based on a prototype debuted at CES in Las Vegas.

Sony eyes building new semiconductor plant in Kumamoto

Business / Corporate Dec 16, 2022

Sony eyes building new semiconductor plant in Kumamoto

The move is seen as aimed at enhancing domestic production of semiconductors amid growing demand worldwide in line with the progress of digitalization.

Japan’s Rapidus seeks trillions of yen to reboot chip sector

Business / Corporate Dec 13, 2022

Japan’s Rapidus seeks trillions of yen to reboot chip sector

Backed by Toyota, Sony and six other Japanese companies, the Tokyo-based venture signed a partnership with IBM to develop the U.S. firm’s leading-edge 2-nanometer technologies.

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