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Sony hikes profit outlook but fears coronavirus impact

Virus outbreak threatens supply chain and strong sensor business results

A screen displaying an advertisement for iPhone 11 Pro is seen outside an Apple store in Beijing. Sony provides image sensors for the cameras.   © Reuters

TOKYO -- Sony told investors on Tuesday that the coronavirus outbreak in China could disrupt its operations, despite raising its operating profit and revenue forecasts for the current fiscal year, mainly due to strong sales for its image sensor business.

The epidemic in China has cast a pall over the otherwise bright picture, with Sony's Chief Financial Officer Hiroki Totoki warning: "It may negate our revised earnings outlook," at a news conference in Tokyo the same day.

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