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More Sony smartphones are running out than they were last year

The company’s latest financial report said smartphone revenue grew by approximately 25 percent in the past quarter

Sony’s phone division won’t give up, but why would it, as its situation is always a little rosier. The company’s latest financial report said smartphone revenue grew by approximately 25 percent in the past quarter. While the Japanese company is still a long way from catching up on its own, there is some reason to be optimistic.

Sony’s smartphone division was last in top form sometime in the late 2000s, a steady decline in recent times that seems to have now not only been halted but reversed somewhat. The manufacturer’s strategy of focusing on premium devices appears to be paying off.

In terms of numbers, this means that the mobile division was able to post revenue of $871.6 million in the second business quarter of this year (which, according to the calendar, corresponds to the third quarter), compared to $ 695.7 million in the same period in 2020. they managed to bring together traffic. The company also confirmed the increase in revenue since the phones have now been sold in more significant numbers. This in itself is not a bad result, but the fact that it has been put together right in the middle of the global chip shortage makes it even more critical.

2020 was the first year since 2017 that the telephone business made a profit, and this trend will continue this year. While it would be too early to see the current results as a natural recovery, for the time being, there very much seems to be hope for Sony’s smartphone business.

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