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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Sony Corporation    6758   JP3435000009

SONY CORPORATION

(6758)
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Sony : Microsoft to cooperate over AI-powered video analysis

05/19/2020 | 12:58am EST

Sony Corp. and Microsoft Corp. said Tuesday they will cooperate in video analytics using artificial intelligence technology for use in retail stores and factories, the first concrete project under their strategic partnership forged last year.

Microsoft's Azure AI capabilities will be embedded in image sensors developed by Sony's subsidiary Sony Semiconductor Solutions Corp. to allow customers to extract useful information from images captured by cameras and other devices.

The two firms said advanced video analysis could uncover new revenue opportunities across industries, such as retailers detecting when to refill products on a shelf or finding the optimal number of open checkout counters according to the queue length.

Manufacturers could use the AI-powered video analysis to monitor movements of workers and identify hazards on their manufacturing floors in real time before injuries occur, they said.

Sony, a global leader in image sensors, has been looking to expand their industrial use beyond mainstay smartphone cameras.

"We will deliver a powerful and convenient platform to the smart camera market. Through this platform, we hope to support the creativity of our partners and contribute to overcoming challenges in various industries," said Terushi Shimizu, president of Sony Semiconductor Solutions, in a statement.

Takeshi Numoto, corporate vice president at Microsoft echoed the view, saying, "Video analytics and smart cameras can drive better business insights and outcomes across a wide range of scenarios for businesses."

In May last year, Sony and Microsoft said they have formed a strategic partnership covering such areas as cloud-based gaming services and AI. The rare tie-up between two rivals in the game console market is seen as a way to counter Google LLC, which has become a new gaming player with its Stadia game-streaming service.

==Kyodo

© Kyodo News International, Inc., source Newswire

Stocks mentioned in the article
ChangeLast1st jan.
MICROSOFT CORPORATION 0.00% 213.87 Delayed Quote.35.61%
SONY CORPORATION -0.57% 9754 End-of-day quote.31.79%
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Financials
Sales 2021 8 452 B 81 025 M 81 025 M
Net income 2021 699 B 6 700 M 6 700 M
Net cash 2021 2 492 B 23 889 M 23 889 M
P/E ratio 2021 16,8x
Yield 2021 0,51%
Capitalization 12 033 B 115 B 115 B
EV / Sales 2021 1,13x
EV / Sales 2022 1,02x
Nbr of Employees 111 700
Free-Float 96,7%
Chart SONY CORPORATION
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Sony Corporation Technical Analysis Chart | 6758 | JP3435000009 | MarketScreener
Technical analysis trends SONY CORPORATION
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 10 352,00 JPY
Last Close Price 9 754,00 JPY
Spread / Highest target 38,8%
Spread / Average Target 6,13%
Spread / Lowest Target -18,0%
EPS Revisions
Managers
NameTitle
Kenichiro Yoshida Co-Chairman, President & Chief Executive Officer
Shuzo Sumi Co-Chairman
Hiroki Totoki Chief Financial Officer, Director & Vice President
Toru Katsumoto Senior Managing Executive Officer, Head-R&D
Makoto Toyoda Chief Information Officer & Executive Officer
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1st jan.Capitalization (M$)
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