On The Market
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...
Post-Quake Production Resumes for Hobbled Japanese Camera Makers
16 May 2011
Published in
Industry News
With Japan producing 14 percent of the world’s electronics and manufacturing equipment, the shock waves from the March 11 earthquake, tsunami and ongoing nuclear crisis are still being felt two months later in the photography industry.
Camera front-runners such as Canon, Nikon and Sony had dozens of plants based near the earthquake epicenter in northern Japan...