Sony Gears Up for Eventual Rebound in Smartphone Camera Demand
- Sony to buy land near existing sensor plant in southern Japan
- Apple supplier warns of tougher market for sensors this year
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Sony Group Corp. plans to buy more land near its image sensor factory in Japan’s Kumamoto prefecture to expand its market share in the growing business of powering camera smartphones.
The Tokyo-based company, which supplies devices including Apple Inc.’s iPhones, said Thursday it’s in talks to acquire 27 hectares of land for expansion in Koshi, Kumamoto, to the northwest of Sony’s existing factory. It could invest several hundred billion yen on a second factory at the new site, local newspaper Kumamoto Nichinichi reported earlier.