Cybersecurity
Sony Shares Surge After Best Quarterly Profit in 7 Years
The Secret Behind Sony’s Selfie-Starting Turnaround
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Sony Corp. surged the most in two years as Chief Executive Officer Kazuo Hirai leads it toward a recovery with help from a business most consumers have never heard of.
The stock rose 12 percent in Tokyo, the biggest gain since January 2013. Sony raised its operating earnings forecast Wednesday with the biggest contributor being its devices unit, which supplies the image sensors that power cameras built into its Xperia smartphones and Apple Inc.’s iPhones. Hirai is boosting investment in the chip unit to build more modules for phones, tablet computers and automobiles.