Sony announces increased TV sales
Julian Ho, Taipei; Alex Wolfgram, DIGITIMES [Tuesday 4 November 2014]
Sony has announced that its home entertainment and sound sales increased 7% on year (a 2% increase on a constant currency basis) to JPY282.4 billion (US$2.48 billion). This increase was primarily due to a significant increase in sales of TVs and the favorable impact of foreign exchange rates. Unit sales of LCD TVs increased in Europe, North America, and Asia-Pacific, partially offset by a significant decrease in unit sales in Latin America. Audio and Video category sales decreased mainly due to a decrease in sales in Latin America reflecting adverse market conditions.
In Sony's game and network segment, sales increased 83.2% on year to US$2.839 billion. This increase was primarily due to the contribution from PS4 hardware sales, an increase in network services revenues related to the introduction of the PS4 and the contribution from PS4 software sales, partially offset by a decrease in PlayStation 3 hardware and PS3 software sales. Sales to external customers increased 97% on year, said Sony.
In the device's segment, sales increased 23.1% on year to US$2.273 billion. The increase was primarily due to an increase in sales of image sensors reflecting higher demand for mobile products, a significant increase in sales of camera modules, as well as the favorable impact of foreign exchange rates. Sales to external customers increased 25.1% on year, added Sony.
For mobile communications, Sony reported that its sales increased 1.2% on year to US$2.829 billion, primarily due to the favorable impact of foreign exchange rates, partially offset by a decrease in sales mainly in Japan.
Sony LCD TV sales rebound
Photo: Michael Lee, Digitimes, November 2014
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