Sony dominates in electronics, entertainment, and sensors. It is pursuing growth in AI, film, and gaming, while navigating entertainment and hardware markets.
Sony has increased PlayStation 5 prices in multiple regions, citing rising supply costs driven by global economic pressures and chip shortages. The standard console now costs up to $650 in the US, with the Pro model reaching $900. The hikes follow previous increases and reflect ongoing supply chain issues.
Chinese automakers have doubled EV exports and are expanding factories in Europe as domestic demand has weakened. BYD and rivals have boosted overseas sales while European carmakers are moving into defence contracts. Rivian has cut under 2% of staff while starting deliveries of its mainstream R2 SUV, which analysts say could drive the company toward profitability.