Sony is working on a new smartphone

Sony has started a development of a mobile phone that will compete with popular models of the iPhone X and Samsung Galaxy S9. According to the developers, the phone will have many technical capabilities that will surpass competitors. The release of the device is planned for the next year, more information about it will appear in February 2018. If Sony creates a worthy smartphone, this will have a positive effect on the company stock growth.

Since last week, Sony stocks have grown by 4% and will continue their active growth on the news. Trade will be available during the American session, from 14:40 to 21:00 GMT.

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