Sony profits soar as it benefits from home entertainment boom
by Jillian Ambrose from Technology | The Guardian on (#5MYMY)
Semiconductor shortage means production volumes of PlayStation 5 fall short of demand
Profits at Sony Corporation have climbed by more than a quarter as demand for the PlayStation 5 games console, which boomed during the Covid-19 pandemic, continues to outpace supplies.
The Japanese entertainment and electronics conglomerate reported a 26% rise in operating profit in the three months to the end of June to 280.1bn yen (1.85bn) from 221.7bn yen a year earlier.
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