The company registered a 6% increase in imaging products sales for Q3 2013

Feb 6, 2014 13:19 GMT  ·  By

Sony is one of the largest imaging products manufacturers among other giants like Nikon or Canon, and it also holds the biggest market share for camera sensor production.

Today, the Nippon electronics maker has announced its financial results for the third quarter of the 2013 fiscal year, presenting the evolution of its imaging business among other segments during this period.

According to these results, Sony registered an increase in sales of 6 percent (198.1 billion yen / $1.886 million / €1.442 million) in comparison with the same period of the previous fiscal year. The increase was mostly due to the favorable foreign exchange rates amid the constant decline of compact digital cameras and video cameras sales.

Operating income has also increased over the previous year to 12.1 billion yen / $115 million / €88.2 million, compared with last year's 2.9 billion yen / $28.5 million / €21 million operating loss. For the imaging business segment, Sony forecasts similar sales compared with the last year, but operating income is expected to increase significantly.