The move is to focus on a business that has become one of its strongest as its TV and mobile operations go belly up.
Sony said it plans to expand production capacity for image sensors to 87,000 wafers per month by the end of September 2016 to meet growing demand from smartphone makers, compared with current levels of around 60,000 wafers per month.
This comes on top of an earlier announcement that the company wants to boost output capacity at its three plants in Japan to 80,000 wafers per month by the end of June 2016.
Sony is targeting a 25-fold increase in operating profit within three years, by focusing its spending on profitable areas such as sensors and videogames while retreating from commoditised products such as TVs.
The outfit appears to be coming out of the hell which it has been in for several years and is starting to strengthen again — mostly by focusing on aspects of its business in which it has not made a name for itself.