Taiwan chipmaker TSMC said on Tuesday it will invest 282 billion yen ($1.77 billion) in a joint venture with Sony Group to develop and make next-generation image sensors.
Sony Group and Taiwan's TSMC plan to spend around 1 trillion yen ($6.32 billion) to jointly make next-generation microchips used in image sensors, the Nikkei business daily said on Monday.
The theatrical industry welcomed its fourth billion-dollar film of 2026 this week as Sony and Marvel's "Spider-Man: Brand New Day" surpassed the coveted benchmark. Already part of the 2026 class is Universal's "The Super Mario Galaxy Movie," Lionsgate's "Michael" and Disney and Pixar's "Toy Story 5.
Sony and Marvel's "Spider-Man: Brand New Day" snared $355 million in estimated domestic box office during its opening weekend, the second-highest debut of all time. The film is just $2 million short of the record-breaking debut of 2019's "Avengers: Endgame.
Sony and Marvel's "Spider-Man: Brave New Day" secured $72 million in preview ticket sales, the highest collection for a domestic film in Hollywood history. The film is expected to haul in around $270 million domestically over its debut weekend.
First-quarter net profit came in stronger than expected, supported by a rise in earnings from the music and image-sensor businesses.
Sony reported on Friday a 40% rise in first-quarter operating profit, beating analyst estimates, boosted by the performance of its gaming and image sensors businesses.