Sony (China) has signed a binding definitive agreement to transfer to Shen Zhen O-Film Tech all equity interest in its wholly-owned subsidiary, Sony Electronics Huanan, which manufactures camera modules. The sales price is approximately US$95 million, subject to customary post-closing adjustments.

A Canadian company is suing Sony in a Chinese court for alleged patent infringement, in a dispute that could establish the country as an important new venue for intellectual property cases.

Sony and Panasonic, the Japanese electronics makers, have warned that profits would be hit by lower export income owing to the stronger yen and the retreat from lossmaking businesses.

Sony is revising its business continuity plan to speed the recovery of factories after a disaster, applying lessons from the company's experience following an earthquake in southern Japan.

A gadget that makes smartphone videos look as if they were shot on a Steadicam and a plug-in that cuts the cost of 360-degree photography are among a range of new handset-enhancing camera products.

Sony plans to raise some JPY100 billion (US$982 million) by issuing bonds to institutional investors, perhaps in September. The Japanese corporate icon wants to be ready to pounce on future acquisitions and make other growth investments.

Murata Manufacturing and Sony have entered into a non-binding memorandum of understanding that confirms their intent to negotiate the transfer of the Sony Group's battery business to the Murata Group.

The company has decided to put more focus on growth in East Asia, Europe and the Middle East, while they expect that their Latin American and Asia Pacific businesses will prevail.

Sluggish sales of Apple's iPhones are starting to hit Sony's bottom line, with the electronics company warning Tuesday that it expects the business that makes components for smartphones to post a wider operating loss.

Nomura's Chris Chang thinks Sony is now behind schedule, which means that Apple will have to go to LG Innotek for assembly.

Toyota was halting production at plants across the country because the earthquakes disrupted its supply chain.

The Kumamoto Prefecture is relatively small, contributing only 1.1% of Japan's GDP. But it is home to several semiconductor production plants and is sometimes called Japan's Silicon Island.

Sony has formed a new company that will be dedicated to making games for smart devices. The company, ForwardWorks, is set to officially open its doors on April 1.

Less than a year after Sony shuttered its PlayStation Mobile service-which brought PlayStation content to Android devices-Sony has launched ForwardWorks. The new division will "leverage the intellectual property" of PlayStation games to create games for iOS and Android devices, but only in Asia and Japan.

VR systems were a hot-ticket at this year's CES, and products like the Oculus Rift, Sony's PlayStation VR, Microsoft's HoloLens and HTC's Vive are all expected to ship this year.

Vaio, the personal computer maker spun off from Sony Corp. in 2014, is closing in on a three-way merger with rivals to create a producer that can dominate Japan and weather a shrinking global PC market.

Toshiba is in talks to sell its image sensor business to Sony for about Y20bn ($165m) in the latest effort by the lossmaking nuclear-to-semiconductor conglomerate to raise cash after a $1.9bn accounting scandal.

The new company will aim to commence operations on April 1, 2016.

Japanese tech giant Sony saw its net profit more than triple in the April-to-June quarter, helped by strong sales of its PlayStation 4 games and camera sensors.

Sony said it expects to raise as much as JPY300 billion (US$2.4 billion) after setting a price for new common shares it is selling to raise money for boosting chipmaking capacity.

On June 29, 2007, Apple released the original iPhone with a sleek form factor and revolutionary multi-touch screen and significantly disrupted an industry then dominated by companies such as Nokia, BlackBerry, Sony and Motorola.

Sony said the sale would help it to finance increased production within its image sensor business.

Sony Mobile is cutting 1,000 jobs in Sweden, as part of a larger restructuring to push the struggling handset maker into profitability.

The next-generation iPhone will reportedly sport a camera with a 12-megapixel Sony sensor that makes use of the firm's RGBW technology to help with low-light photography.

Sony has said it will spin off its video-and-audio business into a separate company as part of a three-year plan to return to profit.

Sony plans to cut around 1,000 additional jobs in its struggling smartphone division as it tries to bring its electronics business back into the black, sources said on Wednesday.