0
Wireless

Sony closes smartphone plant in China to cut costs

Monday 1 April 2019 | 10:38 CET | News
Sony closed its Beijing smartphone plant in a bid to lower costs and make its handset business profitable from 2020, according to Reuters citing a Sony spokesman. The business is facing a loss of JPY 95 billion (USD 863 million) for the financial year ending in April.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Sony
Countries: China / Japan
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Sony trims FY sales outlook as CE, gaming sales slow

Published 30 Jul 2019 10:55 CET | World
Sony reported sales down 1 percent to JPY 1.926 trillion in its fiscal first quarter to June, as a slowdown in Playstation sales ...

China smartphone shipments decline 31% in Q1 to 140 mln units

Published 06 May 2019 12:39 CET | China
Chinese handset makers' smartphone shipments fell 30.5 percent on quarter and 5.8 percent on year to 140 million units in Q1 ...

Samsung profit more than halves to KRW 6.2 tln in Q1

Published 05 Apr 2019 09:04 CET | World
Samsung said expects revenues for the first quarter to fall to KRW 52 trillion from 60.56 trillion the year before and 59.27 ...

FIH Mobile shifts focus from smartphones to automotive electronics - report

Published 03 Apr 2019 18:21 CET | World
FIH Mobile, part of Foxconn and a manufacturer of Android smartphones, is planning to scale back its phone operations and put its ...

Sony merges Crackle US AVOD platform with Popcornflix

Published 01 Apr 2019 09:16 CET | United States
Sony Pictures Television announced a partnership with CSS Entertainment to develop its Crackle ad-supported VOD service further. ...

Sony chairman Hirai to step down in June

Published 28 Mar 2019 10:37 CET | World
Sony's chairman Kazuo Hirai plans to step down at the next annual shareholders meeting after 35 years with the company. The ...

NTT Facilities, Sony launch NSF Engagement joint venture

Published 28 Mar 2019 08:33 CET | Japan
NTT Facilities and Sony Corporate Services (Japan), a subsidiary of Sony, have agreed to establish 'NSF Engagement', a joint ...

Sony, Docomo to test driverless concept vehicle via 5G trial network in Guam

Published 27 Mar 2019 09:28 CET | Guam
The test will verify data transmission and operational performance required to remotely control the cart from a long distance via ...

Sony fuseert camera-, smartphone- en home entertainment-divisies

Published 26 Mar 2019 10:25 CET | World
Sony heeft plannen aangekondigd om de divisies Imaging Products & Solutions (IP&S), Home Entertainment & Sound (HE&S) en Mobile ...