Sony expects annual loss of $2 billion, cancels dividends for first time in more than half a century

The video discusses a company's undefeated record on the Tokyo Stock Exchange since 1958, highlighting its consistent dividend payments over 50 years. It addresses management's serious consideration of the current financial situation. Additionally, it covers the rapid growth of Chinese smartphone manufacturers, particularly in the Chinese market, and their expansion into global markets.

Which market are Chinese smartphone manufacturers particularly excelling in?

What does the text suggest about the expansion of Chinese smartphone companies?