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SOFTWARE INDUSTRY NEWS |
Sony moves Blu-ray and DVD production from Hungary to Malaysia |
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Sony Corporation has said that it will discontinue production at its Hungarian manufacturing site in Gödöllö, Hungary as part of an initiative to improve profitability of the overall business and efficiency in manufacturing.  Sony said it expects global demand for Blu-ray Disc players to expand, and by consolidating global production to achieve efficiency and offering customers higher value-added products such as Blu-ray 3D compatible Blu-ray Disc players, it aims to increase competitiveness and profitability of its home video business.Consequently, Sony Hungária Kft.,Gödöllö TEC, which manufactures Blu-ray Disc players and DVD recorders, will cease operations by the end of December 2010, which will be transferred to Sony's manufacturing site in Kuala Lumpur, Malaysia. The company does not foresee any material impact its consolidated financial results for the fiscal year ending March 31, 2011. The Hungarian facility was established in June 1996, and employed around 540 as of May 31, 2010. |
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