Toshiba closes British LCD TV production line Hitachi Sony also announced that it will outsource TV production
Japanese TV maker Toshiba Corp. (6502-JP; Toshiba) announced on Thursday that it will end its LCD TV (LCD TV) assembly plant in Plymouth, UK, later this year, leaving its European production line in Poland. "Nikkei News" has been the first to report on Wednesday, including TV manufacturers such as Toshiba, Hitachi Ltd. (6501-JP; Hitachi) and Sony Corp. (6758-JP; Sony), just as the fire and the production line Mode production, especially for areas outside Japan.
Toshiba said that the end of the UK factory hopes to increase the efficiency of its global TV production, the factory staff will be reduced from 321 to only 50, the future business will be transferred to the Polish factory. The Nikkei News pointed out that Toshiba will only retain the design department in the UK. The Polish plant will be the only production line for Toshiba in Europe, and the company will outsource the production of more low-end products to OEMs in Europe.
Overall, Toshiba will increase the proportion of products outsourced in fiscal year 2010 from approximately 30% of total sales in 2008 to over 50%.
The report also pointed out that Hitachi has also closed its flat-panel TV production line in the Czech Republic, leaving its global TV production line with only three factories in Japan, China and Mexico, and considering outsourcing production in Europe. As for Sony, it will suspend production at the LCD TV factory in Aichi, Japan, next month, and will continue to consolidate production lines.
Toshiba said today that the performance of the digital products division including TV in the current fiscal year starting in April will be significantly improved from the previous year, from an operating loss of 14.2 billion yen to an operating profit of 25 billion yen, accounting for total profit. 1/4. (LED Global Online)
Many parties are unfavorable, and Sony’s Sony lost money for the first time in 14 years.
A few days ago, Nissan said that the company had a net loss of 98.9 billion yen (about 1 billion US dollars) in the fiscal year ending March 2009. This is Sony's first loss in 14 years.
In addition, Sony will close three factories in Japan by December 2009, including production of mobile phone cameras, production of video recorders and factories producing smart cards. After the reorganization, Sony's number of factories worldwide will be reduced from 57 in 2008 to 49.
According to foreign reports, due to the economic recession, strong yen and investment losses, Sony's global sales in fiscal 2008 fell by 12.9%, but the loss was better than the previous forecast of 150 billion yen.
The head of Sony China said that because the company's 9.9 mm LED TV has just been listed in China, investment in the Chinese market will not change. (LEDinside)
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