Sony presented on October 28 i financial results for the second quarter of 2021, completed on September 30. From this we find an encouraging result for the Mobile Communications division which, as GSMArena notes, also includes smartphones.
The mobile division of the Japanese company, which has been in trouble for years, has undergone a major restructuring to turn things around, notably characterized by the introduction of mid-range and high-end models. Now it appears that Sony’s efforts are paying off.
Mobile division growing
The company reports that its mobile division reported revenue of $872.6 million (about $748.7 million) in the second quarter of fiscal 2021, up from 696.8 million a year ago. So we are faced with a 25% increase due to an “increase in units sold”. A good indicator, but it will have to be seen in the coming months whether the trend will be confirmed.
To continue this trend, Sony could continue to rely on high-end or professionally oriented smartphones, leveraging, like the Xperia Pro-I, the company’s photography know-how. Recall that it is Sony that produces most of the sensors integrated into competing smartphones.
Sony’s results are characterized by other good news: the Music & Film division of the Japanese group is also benefiting from strong sales growth. They are 29.4% more than in the same period last year, it says. The same momentum for the Japanese giant’s Film & TV division, which is up 28.9% from the second quarter of 2020.