The move by the gaming giant aims to make assets more interoperable, not only between different games but also hardware like VR headsets, computers and different consoles, including non-Sony platforms like XBox.
Investments in technology solutions that enhance communications experience are likely to aid the Zacks Audio Video Production industry participants. However, High competition from low-priced device importers is a concern for Sony Corporation (SONY), Dolby Laboratories (DLB) and GoPro (GPRO).
SONY's performance gains from continued demand for Play Station 5 and frequent product launches.