Sony Forecasts Record Profit as Camera Chips, TVs Fuel Recovery
- Sales climbed in all major divisions, topping estimates
- Semiconductor unit helping to fuel improved results, outlook
Sony Corp. Unveils New Bravia TVs
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Sony Corp. is prospering again.
The Tokyo-based electronics maker, which has staged a turnaround following a string of losses about a decade ago, increased its annual operating profit outlook to a record 630 billion yen ($5.6 billion) from 500 billion yen for the current fiscal year through March. The last time it reported figures close to that threshold was in 1998. Shares in German trading were up 2.3 percent.