24-05-2016 11:15 via uk.news.yahoo.com

Sony sees weaker-than-expected annual profit on quake damage

By Makiko Yamazaki TOKYO (Reuters) - Japan's Sony Corp on Tuesday forecast weaker-than-expected earnings this year after partially halting production of its cash-cow image sensors last month to assess earthquake damage to its factory. The electronics maker expects operating profit to rise just 2 percent to 300 billion yen ($2.75 billion) for the year ending March, versus the 409 billion yen average of 27 analyst estimates compiled by Thomson Reuters. Brisk sales of image sensors for smartphones
Read more »