Sony to raise nearly $4 bn, ramp up sensors business to anchor turnaround
Japan`s Sony Corp plans to raise nearly $4 billion via new shares and bonds to plough into image sensors as it reinvents itself as a niche component maker, pulling back from consumer goods like TVs that dragged it into losses.
Jun 30, 2015, 14:19 PM ISTSony to raise up to $3.6 billion to boost sensor production
Sony Corp said it plans to raise up to 440 billion yen (USD 3.6 billion) by issuing new shares and convertible bonds to invest in its fast-growing image sensors business.
Jun 30, 2015, 11:56 AM IST