Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Sony Announces Expansion in China
Jun 24, 2004
 Printable format
 Email this Article
 Search

Sony Corp. announced plans to raise its investment by U.S. $200 million in China during this fiscal year as of March 2004 in order to fulfill its sales target of $8 billion by 2008.

"China is Sony's third largest consumer market, next only to the U.S. and Japan, and also the fastest-growing market for us," said Nobuyuki Idei, Sony chairman at a press conference.

The company held its opening ceremony for its Sony Gallery showroom in Shanghai. Attracting more than 100,000 visitors since its trial opening last month, the $1.5 million, 1,000-sq-m facility displays the company's latest products.

Sony also announced it is opening a $1 million software research and development center in Shanghai Pudong Software Park in Zhangjiang Hi-tech Industry Park. The company said the center, with office space of 3,400 sq m and another 8,000 sq m reserved for future expansion, aims to offer more new products specifically for the Chinese market to satisfy domestic consumers' growing demand for high-tech products.

The center will focus not only on software development, but the design of electronic appliances and facilities as well, with the number of software engineers in the center to reach 100 by the end of this year. (China Daily)

Back to Daily News

 

Daily News

...........................................................

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

Jul 29, 2014: TCL Will Manufacture Portable HVAC Equipment for Soleus Air

Jul 29, 2014: HVACR Contractors Outlook Remains Positive

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows