Good news: Sony 2017 forecast report expects to increase sales by 10% in the Imaging Business

Today Sony published the latest financial report. As expected the 2016 sales in the Imaging segment dropped by 15% mainly because of the Kumamoto earthquake. The good news is that Sony expects a 10% sales increase for 2017.

In the Semiconductior segment Sony forecast its chip division, which includes image sensors, to return to profit this year, at 120 billion yen. To meet increased demand, it will more than double capital expenditure on image sensors to 110 billion yen, raising production capacity by 13.6 percent by the end of March.