said Monday that it plans to invest 100 billion yen (about $1.2 billion) to increase its production of image sensors, used in digital cameras and smartphones.
The proposed investment also calls for doubling production capacity for both CCD and CMOS image sensors.
Sony said it plans to make the 100 billion yen investment in the Sony Semiconductor Kyushu Corp. at the Nagaski Technology Center by the end of its fiscal year (March 31, 2012).
The investments will further strengthen Sony's production capacity for Exmor and Exmor R CMOS image sensors in line with growing demand for smartphones and digital still cameras, the company said in statement.
The proposed expansion combined with a 40 billion yen investment announced in September would boost Sony's total production capacity for CCD and CMOS image sensors from the current 25,000 wafers per month level to approximately 50,000 wafers per month by end of March 2012, the company said.