Sony Corp (SNE.N)
17 Aug 2017
(The following statement was released by the rating agency) SEOUL/HONG KONG, August 14 (Fitch) Fitch Ratings has upgraded Sony Corporation's (Sony) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) and local-currency senior unsecured ratings to 'BB+' from 'BB'. The Outlook on the IDRs is Positive. Simultaneously, its Short-Term Foreign- and Local-Currency IDRs are affirmed at 'B'. A full list of rating actions is at the end of this release. The Positive Outlook reflects Fitch's
TOKYO Japan Display said it is considering tapping new investors for capital to catch up in organic light-emitting diode (OLED) screens as its late entry into the technology is costing the display maker orders from its largest client, Apple Inc .
* No future for smartphone panel business without OLED -CEO (Recasts with CEO comments; adds background)
TOKYO Sony Corp booked its best-ever first-quarter profit on Tuesday, taking the firm one step toward its highest annual result in two decades, as smartphone makers demand more of its image sensors for high-end handsets sporting twin rear cameras.
* Games profit drops; expects revival with new titles (Adds CFO comment, sensor sales outlook, gaming business result, context)
TOKYO, Aug 1 Japan's Sony Corp on Tuesday reported its highest-ever first-quarter operating profit, taking the electronics giant one step toward its highest annual profit in two decades on the back of solid sales of image sensors.
* Says acquisition date of battery business from Sony Corp is expected to be on Sept. 1
* SEES HIGHER GROUP TURNOVER AND PROFIT IN 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)
Sony Corp is in the final stages of talks to buy French music distribution and label services provider Believe Digital, the Nikkei business daily reported on Saturday.
July 15 Sony Corp is in the final stages of talks to buy French music distribution and label services provider Believe Digital, the Nikkei business daily reported on Saturday.
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