Sony to Spend $1.2 Billion for Image Sensor Capacity
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Sony Corp. will invest 100 billion yen ($1.2 billion) over the next fiscal year to double its production capacity for image sensors, as the company aims to expand output of the devices used in smartphones.
The maker of Cyber-shot cameras will buy back from Toshiba Corp. a factory making chips used in PlayStation 3 game consoles and convert the plant into an image-sensor production facility, Tokyo-based Sony said today in a statement. The company also plans to add equipment to an existing plant in Nagasaki, western Japan, to make high-quality image sensors, it said.