Sony smartphone division's revenue is up 25% YoY for Q2 2021

Sony's latest earning report is out for Fiscal Q2 2021 for three months ending on September 30 and the balance sheet shows a significant boost in sales revenue in its Mobile Communications division(includes smartphones and internet-related service business) for the quarter.

This is a 25% increase over the same quarter last year. Sony's Mobile division earned JPY 99.1 billion (~$872.6 million) in Q2 2021 compared to JPY 79.1 billion (~$ 696.8 million). Sony reports that the increase in this division is due to "Increase in unit sales".

Sony's Music and Film divisions have seen increases as well, with Sony's Music division seeing an overall increase of 29.4% from JPY 402.2 billion (~$3.5 billion) in Q2 2020 to JPY 520.8 billion (~$4.6 billion) in the latest fiscal quarter. Sony's overall film and TV division saw 28.9% increase YoY from JPY 360.6 billion (~$3.2 billion) in 2020 to JPY 464.9 billion (~$4.1 billion) in the same quarter in 2021.

Sony's smartphone strategy has changed over the last couple of years, with more emphasis on premium midrange and higher-end premium smartphone offerings. The latest "prosumer" release of the Sony Xperia Pro-I is evidence of this and it looks like Sony's relevance in the smartphone industry is bouncing back with its advances in computational photography.

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