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Sony to get up to $380 million image sensor factory Japan subsidy – Markets

April 17, 2026
in Business
Sony to get up to $380 million image sensor factory Japan subsidy - Markets
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TOKYO: The Japanese government will provide ​subsidies of up to ‌60 billion yen ($380 million) to Sony for an ​image sensor plant ​in the western Japanese prefecture ⁠of Kumamoto, industry ​minister Ryosei Akazawa said ​on Friday.

Image sensors will be “indispensable for autonomous driving and physical ​AI” and “we hope ​a stable supply of image ‌sensors… ⁠will be secured,” Akazawa said at a press conference.

Sony forecasts flat profit this year as tariffs bite

Sony is a ​leading manufacturer ​of ⁠image sensors used in smartphones ​in addition to its ​strengths ⁠in entertainment, spanning games, movies, music and ⁠anime.

Tags: KumamotoRyosei AkazawaSonyTokyo
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