Displaying items by tag: earthquake
Sony Expects Third Consecutive Annual Loss
27 June 2011
Published in
Industry News
In the wake of the 9.0-magnitude earthquake that struck Japan in March, Sony has projected that it wall end the year with a $3.2 billion dollars of loss. Sony had nine plants that either were damaged or experienced shutdowns as a result of the Japan quake.
This is the second time the consumer electronics-company has taken a drastic hit...