Sony, that somewhat big company you may or may not have heard of, have decided to spend $1.21 billion dollars (100 billion yen) to increase their production of image sensors because they’ve proven popular in their smaller devices such as phones.
Sony's preorder routine is slightly different this time around.
With BMW, Sony Honda and Ram revealing EV plans, cars dominated CES 2023
According to a recent statement by Sony, it has sold out around 25 million PlayStation 5 consoles.
So they are not 'spending' it..they are investing it in production. Isn't this what electronics manufacturers do or did I miss a memo?
Ok? Seems like a normal situation. Dunno why this story got all this popularity.
This is hardly news, a company spending money to make money? :O what ive never heard of such things, has hell frozen over an the earth stopped spinning?
I don't know why people are saying it's not news, when it made it to the top of the site, surely that indicates that it might be news on some level? Moreover i think the news worthy part is the level of spending expected not just the fact that spending is happening.