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Sony Group has agreed to form a joint venture with Taiwan Semiconductor Manufacturing Co. to produce next-generation image sensors for smartphones.

Taiwan ‌chipmaker TSMC ​said on Tuesday it ‌will ⁠invest 282 billion ⁠yen ($1.77 billion) ​in ​a ​joint ‌venture with Sony Group to ‌develop ​and ​make ​next-generation ‌image sensors. ($1 = 159.3300 ​yen) (Reporting ​by ​Ben Blanchard; ‌Editing ​by Andrew ​Heavens)

Sony and TSMC are back in Kumamoto, this time as partners rather than neighbors, discussing a $6.4 billion image sensor plant on the same ground where Japan already spent billions rebuilding its chip industry. Five years ago, Tokyo lured TSMC to the prefecture with unprecedented state subsidies. ...

Sony Group and Taiwan's TSMC plan to spend around ‌1 trillion yen ($6.32 billion) to jointly ‌make next-generation microchips used in image sensors, the Nikkei ​business daily said on Monday. A joint venture owned about 60% by Sony and 40% by TSMC will start commercial production as early ‌as 2029 in ⁠southern Japan's Kumamoto prefecture, the paper said. The two tech giants said ⁠in May they planned to form a joint venture in Japan to develop and ​manufacture next-generation ​image sensors, combining ​Sony's sensor design expertise ‌with TSMC's manufacturing and process technology strengths.

Sony Group Corporation has reported its first-quarter 2026 results, with sales rising to ¥2,837,771 million and net income to ¥342,161 million, alongside updated full-year guidance calling for ¥12,500,000 million in sales and ¥1,210,000 million in net income attributable to shareholders. These results highlight strong contributions from gaming, music and image sensors, while management’s higher full-year outlook comes despite flagged risks around memory markets and the Kumamoto earthquake...

Sony (NYSE:SONY) reported record first-quarter sales and operating income for fiscal 2026, raised its full-year sales, operating income and net-income forecasts, and said it expects most of an estimated ¥80 billion in U.S. tariff refunds to benefit results during the current fiscal year. For the qu

Sony hiked its profit forecasts for the current year on Friday, helped by the Japanese consumer electronics giant's video games division and the weak yen.Sony on Friday indicated that it has sufficient components to meet planned production levels for its PlayStation 5 during the current fiscal year.

Sony Group Corp. reported a 32% profit growth in the fiscal first quarter Friday while warning of a negative impact from the earthquake that hit southwestern Kumamoto earlier this week. Before the quake, Sony had said it was on track to report record profit for the fiscal year.

First-quarter net profit came in stronger than expected, supported by a rise in earnings from the music and image-sensor businesses.

Sony is set to be a major beneficiary of the launch of "Grand Theft Auto VI" but the highly anticipated game is landing as the PlayStation maker grapples with rising prices of ‌memory chips. The Japanese entertainment conglomerate, widely seen as the winner of the high-end console wars as Microsoft's Xbox business ‌retrenches, has a long history with Take-Two Interactive Software, which will launch its delayed "GTA VI" on November 19. "GTA VI will be console only and the vast majority of ​new users will choose a PlayStation 5," said Serkan Toto, founder of Kantan Games consultancy.

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GameStop shareholders approved a routine-sounding item on Tuesday: more authorized Class A shares. The timing complicates that read. Six days earlier, Sony confirmed it will stop manufacturing physical PlayStation game discs starting in January 2028, closing the book on the exact product category ...

In crypto news today (July 8), Bitcoin has experienced a slight retracement, still sitting comfortably above $60,000, but down -1.1% over the past 24-hours and trading for around $62,600. Liquidations have slowed since yesterday, dropping from over $532M to $345M, with over $240M of that figure coming from long positions, ...

(Bloomberg) -- Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its video-game development studios and is beginning the process to part ways with a fifth.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Mi

Investing.com -- Sony Interactive Entertainment dealt the physical gaming market a landmark blow on Wednesday, announcing that disc production for all new PlayStation games will cease in January 2028, a watershed moment for console gaming. The company's own data shows that nearly four in five full-game purchases on PS4 and PS5 were made digitally over the past year, providing the commercial rationale for a policy that applies to every publisher, not just Sony's first-party titles.

Sony said on Wednesday it will stop producing physical discs for all new games ‌released on PlayStation consoles from January 2028, marking a ‌full shift to digital distribution as consumer purchases continue to move online. Digital ​downloads accounted for about 80% of Sony's full-game software sales in fiscal 2025, according to the company, reflecting a years-long shift toward digital game purchases. The Japanese entertainment and technology company ‌said new PlayStation titles ⁠released from January 2028 will be sold through the PlayStation Store and by retailers in ⁠digital formats only.

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Microsoft is fed up with weak performance from Xbox, so much so that it is likely to continue major layoffs — and maybe even a spinoff — in the coming weeks.

The rush to build AI data centres has created all sorts of unexpected winners and losers. It’s a good time to sell electrical components or air...

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With hardware sales falling and costs rising, a comeback would be anything but guaranteed.

Country music star Garth Brooks is considering a sale of his catalog, eyeing roughly $2 billion for the rights to his songs and recordings, according to people familiar with the matter. Brooks, an album sales and touring juggernaut, is seeking a price that would be among the largest deals for an individual artist or group’s catalog. The country superstar has been entertaining a transaction for a few years and recently told some investors that he’s one of a few artists of his level of fame who hasn’t sold and is considering it, one of the people familiar with the matter said.

Sony launches new premium Bravia TVs and audio products before its home entertainment joint venture begins in 2027.

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Sony (NYSE:SONY) reported record annual sales and operating profit for fiscal 2025 while outlining a corporate strategy centered on entertainment, intellectual property, creation technology and artificial intelligence. Hiroki Totoki, Sony Group Corporation’s president and CEO, said the company had

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Sony’s Crunchyroll has increased its subscriber base nearly 25% in the past year, as young audiences seek entertainment that stands apart from the typical fare.