It is reported that Sony has transferred most of its camera production to Thailand, and the Chinese factory is self-sufficient

30/01/2023
Sony Group has shifted production of cameras sold in Japan, the U.S. and European markets from China to Thailand, with the aim of protecting its supply chain by reducing reliance on China, Nikkei reported. Sony’s factories in China will in principle produce cameras for the Chinese market. Some production facilities at Sony’s factories in China will be reserved for emergency use. In other words, Sony’s Chinese factory will not be responsible for producing cameras for the Japanese, American and European markets. In principle, it will only produce products for China, and retain some equipment that can be supplied outside China in emergency situations such as disasters. Sony stated that it “continues to focus on the Chinese market and has no plans to withdraw from China.” | Related reading (IT home)

Su Chang

Giants such as Apple and Sony have moved part of their supply chains out of China, but both companies have been secretive about this, and their impact is still difficult to assess, and their purpose is unclear. For example, Sony did not explain what “industrial chain security” is, so we can only guess.

But just as the industrial chain of the textile industry began to transfer to Southeast Asia more than ten years ago, this transfer can also be regarded as a manifestation of industrial upgrading. This may cause some domestic employees to lose their jobs, and it may also affect China’s export volume, but entry and exit are a virtuous circle of an economy. For such transfers, we should still adopt a developmental and inclusive attitude.

In 2022, the actual use of foreign capital nationwide will be 1,232.68 billion yuan, a year-on-year increase of 6.3% on a comparable basis, equivalent to 189.13 billion U.S. dollars, an increase of 8%. Among them, large projects with contractual foreign investment of more than 100 million US dollars actually received 653.47 billion yuan of foreign capital, an increase of 15.3%, accounting for 53% of the country’s actual use of foreign capital.

flowers

bye bye

This article is reproduced from: https://www.fortunechina.com/jingxuan/26385.htm
This site is only for collection, and the copyright belongs to the original author.