Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (1138)	10/27/2003 7:55:05 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Sony to proceed with expansion in China SHANGHAI: Sony Corp will proceed with expansion plans in China in an effort to counter plunging profits at home and abroad, the China Daily reported, quoting president and chief operations officer Kunitake Ando. Sony is reportedly planning to slash up to 20,000 jobs, or 12.5% of its labour force by March 2006, but those cuts will target developed economies only, the China Daily said. China will not be affected by the job cuts, with Sony planning to boost its business in China because its market has huge potential, Ando told the newspaper. biz.thestar.com.my