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| Sony to Boost Parts Procurements with Sony Ericsson Mobile |
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Tokyo, Aug 28, 2009 (JCN) - Sony Corp. plans to boost its joint parts purchases with Sony Ericsson Mobile Communications AB to cut costs and help the struggling cellular phone joint venture. The two already jointly purchase capacitors and now plan to expand the list of products to include components used in both Sony's electronics and Sony Ericsson's cell phones.
Sony, which competes with Canon in digital cameras and Samsung Electronics in flat TVs, will notify key parts suppliers of its plan as early as this month and will start joint price negotiations. By increasing their purchasing volumes, the companies plan to bolster their leverage in price negotiations with suppliers.
Copyright © 2010 JCN. All rights reserved. A division of Japan Corporate News Network KK.
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