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Good and Bad news in Sony financial report: Substantial slowdown in demand in camera


Sony released the full 2020 financial report. And Sony reports a 57% drop in fourth-quarter profit (Jan-March 2020) because of the Covd19 outbreak. And In Q4 the still and video camera/lens sales dropped by 25% compared to last year

There is also a good and bad news. Bad news first:

Sales and profit from digital cameras are being significantly impacted by a substantial slowdown in demand around the world.

Good news:

In China and Thailand, the factories owned by Sony that make digital cameras and smartphones are currently operating as usual.

Also the imaging sensor production is back to normal.

Overall nothing is getting in the way to announce new products from now on :)

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