Sony is doing booming business in India, dominating in flat-panel TVs and digital cameras, and is in good shape to keep growing in coming years, a top company executive has said in Tokyo.
Sony's success in India — where a new middle class is snatching up gadgets — is a bright spot for the electronics maker, which is getting beaten in North America by U.S. rival Apple Inc. and Samsung Electronics Co. of South Korea.
Sony Corp. has the No. 1 market share in flat-panel TVs in India at 34 percent and a 40 percent share of the digital camera market, according to the maker of Bravia TVs and Cybershot cameras. Sony is also No. 1 in India in home theaters and camcorders.