Every time an iPhone 6 is sold, an unlikely company cashes in, according to The Wall Street Journal.
That company, Sony (SNE), provides the image sensors for digital cameras, and it has been quietly bulking up that part of its business.
The newspaper reported the source of income for Sony on Wednesday:
Sony’s CEO Kazuo Hirai praised the business in a recent interview with the Journal: “Whether it’s a device that goes into other manufacturers’ products or sometimes our own, if there’s innovation there,” he said. “That’s something I get excited about.”
And this is how the partnership with Apple (AAPL) works:
The money made from other companies is a sign of change for the company: “If we’re talking about the organization and our strategies and where we want the company to be next year, two years from now, three years from now,” said Hirai to the newspaper. “Yes, we’re starting to turn the corner.”