Wednesday, May 23, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Display Showcases Future Display Technologies SID 2018
Toshiba's Twin-Field Quantum Key Distribution Extends the Limit of Intercity Secure Communications
Next Generation A12 iPhone Chips Are Already in production On TSMC's 7nm Process
Samsung Details Foundry Plans, 3nm Gate-All-Around FETs Coming in 2021
HTC U12 Plus Comes With Pressure-sensitive Buttons and Dual Front Cameras for $799
New Acer Chromebooks Coming on Wednesday
SpaceX Flies Satellites for Iridium
Mark Zuckerberg Apologizes to EU, But Made us not any wiser
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Consumer Electronics > Sony to...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, September 01, 2009
Sony to Form Strategic Alliance with Taiwan's Foxconn On LCD TVs


Sony announced that it has agreed to form a strategic alliance with Taiwan's Foxconn Electronics (Hon Hai Precision Industry Co. Ltd.) for the production of LCD TVs for the Americas region.

Based on this agreement, the Sony Group will sell to Hon Hai Group 90% of its shares in Sony Baja California and certain manufacturing assets related to Sony Baja California's Tijuana site in Mexico, which mainly manufactures LCD TVs for the Americas region. Following the sale, Hon Hai Group will hold 90% ownership of Sony Baja California and the Sony Group will retain a 10% share. The Tijuana site will remain a key manufacturing facility of Sony LCD TVs for the Americas region. Hon Hai Group will assume employment of employees at the Tijuana site.

Within its LCD TV business, Sony is concentrating internal resources towards areas that contribute to product differentiation, such as R&D, engineering and design, while also establishing a structure that enables the company to bring attractive products to market at the earliest possible opportunity. At the same time, by proactively leveraging external manufacturing resources Sony will also seek to reduce fixed costs, drive other cost reductions, improve profitability and achieve business expansion.

Completions of the transfers are subject to regulatory approvals in several countries.


Previous
Next
Samsung Launches Corby Mobile designed for Youth Market        All News        Nintendo Unveils Wii Fit Plus Launch Date and New Colors of Nintendo DSi, Wii Remote
Apple May Unveil New iPod Models In Upcoming Media Event     Consumer Electronics News      Dolby Multistream Decoder Now Available on NXP Digital TV Chipset

Get RSS feed Easy Print E-Mail this Message

Related News
Sony to Spend $2.3bn to Make EMI Music Full Subsidiary, Outlines Content-centric Strategy
Hisense Announces "Affordable" 80-inch Laser TV
Sony SPRESENSE IoT Boards Come With Multi-core CPU and GNSS Receiver Onboard
Sony Says God of Wars Sold More Than 3.1 M Copies in Three Days
Sony Profits Soar to $4.5 bn on Image Sensor Sales, Movies
Sony's DPT-CP1 Paper E Ink Tablet Coming Early June
Sony's Xperia XZ2 Premium Brings Ultra-high Sensitivity Dual Camera, 4K HDR Movie Recording and Display
New Sony a7 III 24MP Full Frame Mirrorless Camera Retails For Less Than $2,000
Sony's New Xperia XZ2 Supports 4K HDR Video Recording
Sony to Build Taxi-hailing System
New Sony Back-Illuminated CMOS Image Sensor Enables Global Shutter Function
Sony Announces Pricing for X900F and X850F Series 4K HDR Ultra HD TVs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .