Page 6 - Sony

India emerging as good opportunity market for Sony's gaming biz: India MD

India is emerging as a "good opportunity market" in the gaming business for the consumer electronic major Sony, its India Managing Director Sunil Nayyar said. The company has reported "phenomenal growth" in the gaming business in FY24, with the robust performance of PlayStation 5 and its software peripherals. Sony India's PlayStation dominates the console operating gaming system market here with around 95 per cent market share and has almost doubled its revenue in FY 2023-24 from the segment. However, now, it expects a moderation in the growth rates because of the high base, Nayyar said. "Now, the base is very high because we almost achieved the double business last year. So this year, we intend to have modest growth, but we are developing the gaming business market in the country, including software development and peripherals etc," the Sony India MD told PTI. Sony India last week filed its annual returns to report over 50.1 per cent growth from its 'other business' segment at Rs

Sony PS5 Pro launch in India held back amid telecom spectrum dispute

6GHz spectrum required for Wi-Fi 7 on PS5 Pro yet to be authorised by Telecom Regulatory Authority of India (TRAI) for commercial use

Sony India FY24 profit rises to Rs 167 cr, revenue at Rs 7,663.74 cr

Consumer electronics maker Sony India's profit edged up 22.18 per cent to Rs 167 crore while revenue from operations increased 20.6 per cent to Rs 7,663.74 crore, according to financial data accessed by the business intelligence platform Tofler. Sony India, a wholly owned subsidiary of Japan's tech major Sony Corporation, logged a profit of Rs 136.67 crore in 2022-23 while its revenue from operations stood at Rs 6,353.74 crore. Its total expenses in 2023-24 were up 20.5 per cent to Rs 7,502.30 crore as against Rs 6,225.87 crore in the previous year. No comment was received from Sony India to an email seeking response on financial numbers till the filing of the story. Sony India's 'advertising promotional expenses' were up 37.6 per cent to Rs 179.02 crore in the financial year ended on March 31, 2024. Its royalty cost, paid to the Japanese parent company, was up 13.6 per cent to Rs 259.07 crore. Sony India's revenue from Consumer Audio and Visuals was up 15.7 per cent to Rs 6,300.

CID to return on Sony after 6 years, makers to release the promo tomorrow

CID Season 2: The promo for the second season will be out tomorrow, October 26. The key members Shivaaji Satam, Daya Shetty, and Aditya will reprise their previous roles

Tech wrap Oct 24: Nvidia CEO India visit, Sony LinkBuds Open launch, more

Nvidia introduces Hindi-language AI model in India as CEO Huang visits. Sony launches LinkBuds Open (WF-L910). Noise launches women wellness-focused NoiseFit Diva 2 smartwatch

Sony launches LinkBuds Open (WF-L910) wireless earbuds in India at Rs 19990

The Sony WF-L910 is available for purchase at Sony Centres, Sony authorised dealers, and on e-commerce platforms such as Amazon and Flipkart

Viacom18, Sony frontrunners in ACC media rights bid; auction on Nov 20

Viacom18 and Sony Pictures Networks India lead the race for the Asian Cricket Council media rights, while Zee Entertainment denies involvement, citing a focus on cost management

Sony WF-C510: Unboxing and hands-on | Affordable wireless earphones

Sony WF-C510 are affordable pair of wireless earphones, boasting compact design, long battery life, and support for multi-device connectivity.

Kunal Bahl joins Shark Tank India 4 panel as Swiggy removes Deepinder Goyal

The co-founder of Snapdeal, Kunal Bahl, replaces Zomato CEO Deepinder Goyal in the fourth season of Shark Tank India. The premiere date is yet to be revealed

Tech wrap Oct 8: iOS 18.1 dev beta 6, Samsung Galaxy A16, Sony Pulse, more

Apple rolls out iOS 18.1 developer beta 6 ahead of its public release. Samsung launched the Galaxy A16, and Sony introduced the Pulse range of audio accessories for the PS5 in India

Sony launches Pulse Explore earbuds, Pulse Elite headset for PS5: Details

With PlayStation Link wireless connection support, both the Sony Pulse Explore earbuds and Pulse Elite headset offer lossless audio and ultra-low latency mode for gaming with PS5 console

Sony adds support for Google's Find My Device to headphones and earbuds

Additionally, the firmware update for the WH-1000XM5 includes improved security features, while the for the WF-1000XM5 earbuds introduces support for Google Fast Pair through LE Audio

Sony announces games enhanced for PS5 Pro, PS5 accessories, and new titles

The State of Play presentation by Sony was packed with announcements, including confirmation of games that have been enhanced for its recently launched Play Station 5 Pro console

Sony launches Bravia Theatre U wearable speakers with 360 Spatial Sound

Priced at Rs 24,990, the Sony Bravia Theatre U neckband-style speakers feature advanced noise isolation technology, offering a surround sound yet personal listening experience

Tech wrap Sep 20: iPhone 16 series sale, Sony WF-C510, iOS 18.1 beta, more

Apple iPhone 16 series sale begins. Sony Launches WF-C510 Wireless Earbuds. Apple Releases iOS 18.1 Public Beta with Apple Intelligence. Motorola Razr 50 goes on sale. Xiaomi Mix Flip global launch

Sony Launches WF-C510 Wireless Earbuds in India at Rs 4,990

On purchasing the Sony WF-C510 earbuds, customers can avail a cashback of Rs 1000 on select bank cards. Availability starts September 26

How Intel lost Sony PlayStation deal worth potential $30 billion revenue

Dispute over profit margins blocked Intel-Sony deal, sources say

NCLT recalls order on Zee-Sony merger, allows withdrawal of scheme

The National Company Law Tribunal (NCLT) has allowed withdrawal of its order approving the merger of Zee Entertainment and Sony Pictures Networks India and recalled its earlier order passed in this regard. The Mumbai bench of the NCLT had last week recalled its order passed on August 10, 2023, in which it had approved the merger of Zee Entertainment with Sony Pictures Networks India. The bench observed the parties have "mutually consented" to withdraw the scheme on account of the settlement agreement and the board of directors has passed the resolutions to withdraw the scheme of amalgamation. "Accordingly, this Bench allows the withdrawal of the Scheme of Amalgamation and hereby recalls order dated 10.08.2023 in C.P.(CAA) No. 209 of 2022," said NCLT order, a copy of which was shared to bourses by Zee on Thursday. Zee, which applied for withdrawal, submitted the Composite Scheme of the Merger Cooperation Agreement executed to give effect to this scheme stands terminated and accordin

Tech wrap Sep 11: Sony PS5 Pro, Sonos Ace, JioPhone Prima 2, HMD 110, more

Sony announced its most powerful gaming console, the PlayStation 5 Pro. Sonos forays into India with the Ace headphones launch. JioPhone Prima 2 launched in India. HMD 110 debuts with YouTube Shorts

Sony launches PlayStation 5 Pro: Check what's new, list of compatible games

The Sony PlayStation 5 Pro has a more powerful GPU, improved hardware-accelerated ray tracing, graphic upscaling option, and support for up to 8K resolution gaming