Sony expects to double its annual revenue from BRIC nations to two trillion yen for the three-year period ending March 31, 2011 (from financial year 2008-2010).
In a regulatory filing, the Tokyo-based firm said the revenues are anticipated to double from businesses including Sony Ericsson Mobile Communications and Sony BMG Music Entertainment as allocated.
"Sony will target annual sales of two trillion yen in the BRIC countries (including revenues from Sony Ericsson Mobile Communications and SONY BMG) by FY2010, doubling FY2007 sales with annual Electronics segment sales alone slated to grow from 600 billion yen to 1.2 trillion yen during this period," the filing said.
Noting that the firm's business in new markets including BRIC nations is growing rapidly, the technology major said it would expansion through collaboration and integration.
Announcing its corporate strategy, Sony said it targets an investment of 1.8 trillion yen by the end of fiscal year 2010, which would help in driving the company's growth and innovation.
The firm would focus on expanding its PC, Blu-ray Disc-related products, and component/semiconductor areas into 'trillion yen businesses' by the end of FY 2010.
Of the planned 1.8 trillion yen investment, about 900 billion yen would be allocated towards core focus areas "within components and semiconductors, such as image sensors, batteries, display devices and Blu-ray Disc-related components".
