The soaring popularity of smartphones is crushing demand for point-and-shoot cameras, threatening the once-vibrant sector as firms scramble to hit back with web-friendly features and boost quality, analysts say.
TOKYO – Japanese electronics and entertainment giant Sony Thursday reported its third annual loss in a row after the March 11 quake, but forecast a return to the black this year despite a huge online attack. Sony confirmed that it suffered a net loss of 259.6 billion yen ($3.2 billion) in the year to March [...]
