Sony, Toshiba will spend more on chips, iSuppli reports

Published:2012/12/7 0:40:00 Author:Ecco From:SeekIC

The market research firm IHS iSuppli indicated that Sony Corp. and Toshiba Corp., Japanese consumer electronics giants, would increase their spending on semiconductors over the next two years as they invest in a wide range of new products in an attempt to revitalize their businesses.

According to HIS reports about semiconductor spending analysis, Sony is expected to buy $8.4 billion worth of semiconductors next year, up 5 percent from 2012. And Sony will raise its chip spending again slightly in 2013.

Toshiba’s chip spending is expected to increase 2 percent to 6.1 billion in 2013, according to the report, which predicts Toshiba will increase chip buying by another 6.3 percent in 2014.

But while IHS expects Sony and Toshiba to increase their stakes in an effort to right their respective ships, the market research firm predicts that fellow Japanese OEMs Panasonic Corp. and Sharp Corp. will cut spending on chips in 2013. To Panasonic, IHS does expect it to increase chip spending by 2.4 percent in 2014.

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