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Sony raises outlook on strong sensor demand, warns of virus risks on supply chain

Sony raises outlook on strong sensor demand, warns of virus risks on supply chain

Tuesday, February 4, 2020, 8:15 PM

Sony-Corp raised its annual profit outlook on strong sales of smartphone-image-sensors after reporting a smaller-than-expected decline in quarterly profit, but it warned of an impact from the Wuhan coronavirus on its global-supply-chain. Demand for image sensors has been strong enough that even with its plants operating at full-capacity Sony has been unable to pile-up planned inventories, CFO Hiroki Totoki said at an earnings briefing.
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