Sony isn’t quite a household name when it comes to the smartphone market, but it’s rather crucial to it. Many of the smartphones on the market use the company’s camera sensors. Well, it looks like Sony might cut off its camera division and make it its own company.
While Sony’s phones don’t get praise for their camera performance, the company’s camera sensors have helped rocket many phones to the top of the charts. Google dominated the smartphone camera segment using Sony’s camera technology, and that also goes for other companies like Apple. So, you’d think that the division should be seeing rapid growth year after year, especially since companies are launching more phones per year. However, that might not be the case.
Sony could make its camera division its own company
According to the report, Sony’s camera business isn’t doing as well as it did before. While it’s not exactly operating at a loss, its fortunes are going down. It once made up 25% of the company’s profits, but it has since slid down to 10%. So, Sony is making preparations, and it could possibly spin off the business into its own company.
Sony might give the majority of the company to stakeholders and retain a minority stake in the business. Right now, it’s unclear whether Sony plans to make the business its own separate entity, so, we’ll have to wait for that information.
We would have had a more solid idea of what’s going on, but there’s a ton of uncertainty in the market. Why? You guessed it; Trump’s tariffs. The volatility of the market has put a lot of things on hold, wo there’s no telling what will happen.
If Sony does make its camera division its own company, then we might see some sort of change in smartphone camera technology going forward. However, we don’t expect things to change all that much. Sony’s camera sensors are a crucial part of the smartphone market, so we hope that things remain pretty much the same.
