Featured Articles

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC has announced that it will begin volume production of 16nm FinFET products in the second half of 2015, in late…

More...
AMD misses earnings targets, announces layoffs

AMD misses earnings targets, announces layoffs

AMD has missed earnings targets and is planning a substantial job cuts. The company reported quarterly earnings yesterday and the street is…

More...
Did Google botch the Nexus 6 and Nexus 9?

Did Google botch the Nexus 6 and Nexus 9?

As expected, Google has finally released the eagerly awaited Nexus 6 phablet and its first 64-bit device, the Nexus 9 tablet.

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 09 January 2014 11:59

Sony turns around

Written by Nick Farrell


 
Share price doubles

After much mocking, Sony appears to being taken seriously again. Shares in Sony Corp rose as much as 5.2 percent to a one-month high on Thursday after media reports said the consumer electronics company aimed to double its smartphone sales volume in two years.

This might strike some people as strange. After all most analysts are expecting the smartphone market to crash and burn over the next two years, so a player expanding its operations is not likely to do well. However the news that Sony was the most traded stock on the main board.

Sony Chief Executive Officer Kazuo Hirai said the company aimed to ship more than 80 million handsets in the financial year ending in March 2016, ramping up sales in the US and Chinese markets. Well we would not bet the farm on it, but if he says so.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments