TOKYO May 22 Japan's Sony Corp lowered
its sales target for digital cameras to 1.3 trillion yen ($12.7
billion) for the fiscal year to end-March 2015, from a previous
estimate of 1.5 trillion yen.
Sony also cut its sales target for smartphones and tablets
to 1.5 trillion yen in its 2014 fiscal year from an earlier
outlook of 1.8 trillion yen.
Sony, which expects smartphone sales to rise by more than a
quarter to 42 million in the current year to end-March, is
battling with China's Huawei Technologies and ZTE Corp
and South Korea's LG Electronics for
third place in the $225 billion global market behind Samsung
Electronics and Apple Inc.