Sony Group shares are trading higher after the company announced it proposes to ramp up R&D spend in its game business.
Portfolio Pulse from Benzinga Newsdesk
Sony Group has announced plans to increase its R&D spending in its gaming business, leading to a rise in its share prices.
July 13, 2023 | 10:57 am
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POSITIVE IMPACT
Sony Group's shares are trading higher following the announcement of increased R&D spending in its gaming business.
Sony's announcement of increased R&D spending in its gaming business signals the company's commitment to innovation and growth in this sector. This has been positively received by the market, leading to a rise in its share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100