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@ 2016/11/03Sony does not seem to have moved past the curse of Poseidon the god of earthquakes who seems to have put his trident firmly in the outfit’s bottom line.
Sony delayed its earnings forecast from late April after quakes shook the southern city of Kumamoto, home to one of its five image sensor plants. It partially resumed operations this month and on Tuesday said wafer production would resume by the end of August.
The outfit reported a 48 percent drop in operating profit for the July-September quarter as earthquake damage continued to affect its cash-cow imaging sensor business.
Sony delayed its earnings forecast from late April after quakes shook the southern city of Kumamoto, home to one of its five image sensor plants. It partially resumed operations this month and on Tuesday said wafer production would resume by the end of August.
The outfit reported a 48 percent drop in operating profit for the July-September quarter as earthquake damage continued to affect its cash-cow imaging sensor business.
