• Home
  • About Us
  • Contact US !
Incitasecurity
  • Home
  • Finance
  • Gadgets
  • Education
  • Latest Internet News
  • Technology
  • Social Media
  • Blogging
  • CrossFit
  • UpComing Car
No Result
View All Result
  • Home
  • Finance
  • Gadgets
  • Education
  • Latest Internet News
  • Technology
  • Social Media
  • Blogging
  • CrossFit
  • UpComing Car
No Result
View All Result
Incitasecurity
No Result
View All Result
Home Uncategorized

Sony Starts Making Premium Smartphones in Thailand in Quest for Profits

anik by anik
December 5, 2015
in Uncategorized
0
VIEWS
Share on FacebookShare on Twitter

Japan’s Sony Corp aims to make 600,000 to 700,000 premium smartphones in the first year at its new wholly-owned plant in Thailand which began production in September, a spokesman said.

The start up of its first overseas mobile phone plant in two decades is part of Sony’s strategy to turn around its loss-making mobile phone business by prioritising profits over volume and shifting its focus to high-end smartphones.

Teeradej Pruksawananon, a spokesman for Sony in Thailand, said the firm began small scale production of its premium smartphone models, including the Xperia Z3, two months ago and started shipping the phones globally from October.

Initial investment at the site in Pathum Thani province, north of Bangkok, was several billion yen, he said, without specifying the exact amount.

“Sony finds it easier to implement cutting-edge technologies at its own plant to produce such phones,” said a Sony spokeswoman in Japan.

Sony currently produces most of its smartphones at its joint venture in China.

Its investment comes at a critical time for Thailand as its military-led government struggles to revive Southeast Asia’s second-largest economy after taking power in a 2014 coup, with exports and domestic demand sluggish.

Thailand has become a major manufacturing base for Japan’s high-tech sector with Sony and Nikon Corp investing in plants in recent years.

Last week, Sony’s second-quarter operating profit came to JPY 88 billion, its highest in eight years, driven by videogame sales that helped neutralise a fall in smartphone sales and keep the company on a recovery track.

 

[“source-gadgets.ndtv”]

Tags: SmartphonesSony Starts
Previous Post

Sony Adds 105 Games to Netflix-Like PS Now Game Streaming Service

Next Post

Cube26 Launches Smart Bulb at Rs. 1,499, Eyes Indian Home Automation Market

Next Post
Cube26 Launches Smart Bulb at Rs. 1,499, Eyes Indian Home Automation Market

Cube26 Launches Smart Bulb at Rs. 1,499, Eyes Indian Home Automation Market

Recent Post

  • Positive Quotes about the Future
  • The Power of DB Snatch in CrossFit: Unleash Your Strength and Agility
  • CrossFit Gym Christmas Party Ideas
  • Diane: Unleashing Strength and Stamina with CrossFit’s Intense WOD
  • 1776 CrossFit Workout: A Challenging and Patriotic Fitness Regimen
  • Curtis P CrossFit: Revolutionizing Fitness Training
  • CrossFit Granada Hills: Achieve Your Fitness Goals with High-Intensity Workouts
  • 3 Bridges CrossFit: The Ultimate Fitness Experience
  • Why Do People Hate CrossFit?
  • NEPA CrossFit Client: Transforming Lives through Fitness and Community
Incitasecurity

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

Navigate Site

  • Home
  • About Us
  • Contact US !

Follow Us

No Result
View All Result
  • Home
  • Finance
  • Gadgets
  • Education
  • Latest Internet News
  • Technology
  • Social Media
  • Blogging
  • CrossFit
  • UpComing Car

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.