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Stock Market & Financial Investment News

News Breaks
July 23, 2014
10:20 EDTOVTI, SNESony investing to increase stacked CMOS image sensor production
Sony (SNE) announced earlier that it plans to invest in Nagasaki TEC and Kumamoto TEC from the second half of FY14 through the first half of FY15 to increase its production capacity for stacked CMOS image sensors. This investment is primarily intended to reinforce Nagasaki TEC's layering process production capabilities, as well as Kumamoto TEC's mastering process facilities. The current investment is expected to enable Sony to complete subsequent stages of production, including the layering process, at Nagasaki TEC on semiconductor chips that have undergone the mastering process at Yamagata TEC, providing Sony with a fully integrated production system for stacked CMOS image sensors. This investment forms part of Sony's mid - to long-term plan to increase its total production capacity for image sensors to approximately 75K wafers per month and is expected to increase the current capacity of approximately 60K wafers per month to approximately 68K wafers per month in August 2015. Sony intends to bolster its manufacturing capacity for stacked CMOS image sensors, and further strengthen its integrated supply operations, and to thereby reinforce its leading market position. The total investment amount is expected to be approximately Y35B to be carried out in FY14 and in FY15. Of this, the amount to be invested in FY14, or approximately Y9B, was included in the forecast of capital expenditure for semiconductors in the current fiscal year of approximately Y65B announced on May 14. Note that OmniVision Technologies (OVTI) designs, develops and markets integrated and semiconductor image-sensor devices.
News For SNE;OVTI From The Last 14 Days
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May 29, 2015
14:03 EDTOVTIOmniVision downgraded to Hold from Buy at Needham
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05:52 EDTSNEGlobal smartphone shipments to reach 1.37B in 2015, DigiTimes reports
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05:52 EDTSNEIDC: PC shipments to decline for fourth straight year in 2015, DigiTimes says
The IDC said PC shipments will decline by 6.2% in 2015 and will be the fourth consecutive year of falling volume, reports DigiTimes. The market almost saw stable shipments in mid-2014 as the end of support for Windows XP boosted demand, but that cycle passed and was replaced by a reduction in inventory on the supply side as the market awaits the arrival of Windows 10. Reference Link
05:52 EDTSNEIDC: Worldwide tablet growth to decline 3.8% in 2015, DigiTimes says
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May 28, 2015
16:22 EDTOVTIOmniVision sees Q1 adjusted EPS 32c-48c, consensus 33c
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16:21 EDTOVTIOmniVision reports Q4 adjusted EPS 22c, consensus 21c
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May 27, 2015
08:39 EDTSNESony purchases Optical Archive, WSJ reports
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07:10 EDTSNESony mobile unit to 'tweak' pricing, cut costs due to dollar rise, Reuters says
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May 26, 2015
15:31 EDTSNEMicrosoft expands OEM partners, Sony tablet to include pre-installed Office apps
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May 24, 2015
16:11 EDTSNESony to hold a meeting
Sony IR Day 2015--Electronics is being held in Tokyo, Japan on May 27 at 1 am. Webcast Link
May 21, 2015
06:42 EDTSNESony establishes UK studio to work on Morpheus games, GameSpot reports
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May 18, 2015
09:02 EDTOVTIOmniVision and Silicon Line GmbH announce collaboration
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