ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Sony invests $900m in chips to seize 5G smartphone demand

Company defies hedge fund Third Point's order to spin off that business

A Sony plant in Kumamoto Prefecture. The company will build a new factory in Nagasaki Prefecture to make semiconductor image sensors for smartphone cameras. (Nikkei montage)

TOKYO -- Japanese electronics-maker Sony will invest in a new factory in Nagasaki Prefecture to produce semiconductor image sensors used in smartphone cameras, Nikkei has learned. The company aims to capitalize on growing demand for high-end cameras in the devices that will take advantage of ultra-fast 5G networks.

Sony plans to allocate 100 billion yen ($918 million) for the project in its budget for the next fiscal year, and to have the plant online as soon as the fiscal year that starts in April 2021.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more