The electronics and entertainment giant Sony Corp announced on Tuesday that it will invest a billion yen (9,000 million dollars) in image sensors over the next three years under a renewed strategy to strengthen both hardware and creative content. In the catalog of the label there are classics like Queen, contemporary artists like Kanye West, Alicia Keys and Pharrell Williams.
The group’s CEO, Kenichiro Yoshida, told reporters at a conference at Sony headquarters that the company’s leadership in sensors is crucial for developing technologies such as driverless cars and artificial intelligence.
Sony already has 30% of EMI so when the operation is completed it will control 90% of the firm. Sony plans to also allocate $ 2.3 billion to buy a 60% stake in EMI Music Publishing Mubadala Investment Co. Mubadala is a government-backed investment fund controlled by the emirate of Abu Dhabi, the oil-rich capital of the United Arab Emirates, a seven-state federation that also includes the Mideast commercial hub of Dubai. Its holdings include semiconductor maker Globalfoundries, and stakes in General Electric Co., Washington-based private equity firm The Carlyle Group and numerous utility and energy companies.
Do image sensor is next big things?
Image sensors are used in many products including medical imaging equipment, cameras, radar, sonar and autonomous driving safety systems. They transmit data that makes up an image by converting light waves into electrical signals. Yoshida said the company’s main theme was “getting closer to people,” by connecting consumer services and content throughout its sprawling operations, which include the PlayStation game platform, music, films and home entertainment, still and video cameras, cellphones, computer chips and financial services.
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