Sony raising money to concentrate on developing image sensors, pulls away from consumer goods
Sony Corporations is planing to raise nearly $4 billion with issuing new shares and bonds in order to invest in stacked image sensor R&D and production while pulling back from consumer goods where they lost money in the past:
"The image sensors, a key high-tech component in digital cameras and smartphones, have emerged as one of Sony's strongest lines alongside its PlayStation videogames unit, helping the company recover from a long slide in TV and smartphone sales. Still, Sony is only just emerging from decline, booking a net loss of 126 billion yen in its latest fiscal year, though it expects a profit of 140 billion yen in the current year."
Read more at Sony, Reuters and Image-sensors-world