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Sony in trouble

Discussion in 'General Chat' started by sean5302, Sep 22, 2005.

  1. sean5302

    sean5302
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    I can't see where is the best place to post this, so Mods, please move as desired.

    Sony has just announced interim losses of £100m.

    11 of its 65 manufacturing sites are to close, worldwide. There are to be 10,000 job losses, including 4,000 in Japan.

    This part-explains why they don't make tv sets anymore. CRT plant in Bridgend is already closed, no more plasmas to be branded as Sony (they never made their own) and all LCD tvs to be made in Korea at the S-LCD corp plant jointly owned by Samsung and located at the side of Samsung's factory.

    How can such a leader have lost its way?
     
  2. GaryB

    GaryB
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    This isn't just Sony. Most manufacturers are suffering. The constant price cutting, especially on expensive products such as LCDs means that margins are wafer thin and it is increasing difficult to break even, let alone make a profit.

    Despite what everyone says about "Ripoff Britain", prices of brown goods have fallen faster in real terms over the last few years than just about anything else.
     
  3. Tight Git

    Tight Git
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    Absolutely correct.

    Ten years ago, a good VCR would have set you back £500.

    Today the basic machines are 1/10 of that, and even top of range are less than half.

    So, manufacturers are certainly having a hard time.
     
  4. HSC

    HSC
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    Leader...? Sony have been playing catchup for years.....
    they are one of the companies who are harming the market as much as competing in it.

    never been a big fan......but their asthetics (design) dept knows the score
     
  5. CrispyXUK

    CrispyXUK
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    they basically dependant on the PS3s success unfortuanatly
     

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