Sony lifts operating profit outlook to 1 tril. yen on firm movie sales

TOKYO - Sony Group Corp. raised on Thursday its operating profit forecast for the full fiscal year to 1.04 trillion yen ($9.2 billion), as strong movie and music businesses are expected to make up for slower-than-expected growth in its electronics product segment.The chief financial officer said the same day the Japanese electronics giant is considering cooperating with Taiwan Semiconductor Manufacturing Co. in building a chip plant in Japan, the company's first comment on the matter.Sony now expects its operating profit to top the 1 trillion yen mark for the first time in the current busin…READ FULL ARTICLE