Breaking News

Crucial ® LPCAMM2 Powers AI-Ready Laptops With Breakthrough 8,533MT/s Speeds Logitech announces MX Master 4 Begin the Racing Journey with the Thermaltake GR300 Racing Simulator Cockpit ASUS Announces ExpertCenter P600 AiO Casio Releases EDIFICE Featuring Forged Carbon

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Sony to Realign its LCD TV Manufacturing Operations for Europe

Sony to Realign its LCD TV Manufacturing Operations for Europe

Consumer Electronics Mar 31,2010 0

As part of its initiative to improve the profitability of its liquid crystal display TV business, Sony today announced a new strategic alliance with Taiwan's Hon Hai Precision Industry Co. Ltd. for the production of LCD TVs for the European region. Based on this agreement, the Sony Group will sell to the Hon Hai Group a portion of its shares in the Nitra factory (legal name: Sony Slovakia, spol. s r.o. in [State of Nitra, Slovak Republic]), which currently manufactures LCD TVs for the European region. Following the sale, the Hon Hai Group will hold about 90% and the Sony Group will retain about 10% of the shares in the Nitra factory. The employees currently working at the Nitra factory will be assumed by the Hon Hai Group upon the completion of the transaction. The Nitra factory will continue to be a key location for the production of Sony LCD TVs for the European region. In addition, Sony Supply Chain Solutions Europe, a wholly-owned subsidiary of Sony, will lease a portion of the Nitra factory, which will remain a logistics center of Sony Group in Europe.

The parties intend to complete the sale by the end of September 2010, subject to regulatory approvals in several countries.

Tags: SonyLCD TVs
Previous Post
Comcast Wins Web Traffic Case Against FCC
Next Post
Chrome Gets Adobe Flash Player Support

Related Posts

  • Sony Reimagines its 10 Series with Xperia 10 VII

  • Sony’s 360 Virtual Mixing Environment now available in Europe

  • Sony completes its INZONE gaming gear range with new headsets and more

  • PlayStation announces FlexStrike wireless fight stick

  • Sony Introduces the RX1R III

  • Sony launches a high-resolution shotgun microphone with superior sound quality and compact design.

  • Sony introduces the FX2 compact camera

  • Celebrate Days of Play 2025 starting on May 28

Latest News

Crucial ® LPCAMM2 Powers AI-Ready Laptops With Breakthrough 8,533MT/s Speeds
Enterprise & IT

Crucial ® LPCAMM2 Powers AI-Ready Laptops With Breakthrough 8,533MT/s Speeds

Logitech announces MX Master 4
Enterprise & IT

Logitech announces MX Master 4

Begin the Racing Journey with the Thermaltake GR300 Racing Simulator Cockpit
Gaming

Begin the Racing Journey with the Thermaltake GR300 Racing Simulator Cockpit

ASUS Announces ExpertCenter P600 AiO
Enterprise & IT

ASUS Announces ExpertCenter P600 AiO

Casio Releases EDIFICE Featuring Forged Carbon
Consumer Electronics

Casio Releases EDIFICE Featuring Forged Carbon

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed