Sony’s phone division isn’t going to give up, but why would it? Its circumstances are always a little brighter. According to the company’s most recent financial report, smartphone revenue increased by about 25% in the previous quarter. While the Japanese firm is still a long way from catching up on its own, there is cause for optimism.
Sony’s smartphone sector peaked in the late 2000s and has since been on a continuous decline that appears to have been not just paused but partially reversed. The company’s decision to focus on high-end gadgets seems to be paying off.
In terms of statistics, this implies that the mobile division generated $871.6 million in revenue in the second quarter of this year (which corresponds to the third quarter according to the calendar), compared to $695.7 million in the same time in 2020.
They were successful in bringing traffic together. The corporation also verified that revenue has increased due to the increased number of phones sold. This isn’t a poor outcome in and of itself, but the fact that it was assembled amid a global chip scarcity makes it even more significant.
The telephone business produced a profit for the first time since 2017, and this trend is expected to continue this year. While it is too early to regard the present results as a natural comeback, there appears to be a lot of hope for Sony’s smartphone business for the time being.