Tariff Quote Watch: Sony Faces Tough China Choices if Tariffs Become Permanent — Panjiva
MENU

Tariff Quote Watch: Sony Faces Tough China Choices if Tariffs Become Permanent

China 2999 Info Tech - Tech Hardware 824 Quote Watch 452 Tariffs 1818 U.S. 5347

Sony may restructure its supply chain in response to tariff increases with EVP for Home Entertainment, Ichiro Takagi, stating that the firm will “consider manufacturing in other countries and regions” if U.S. duties on Chinese exports rise to 25% from 10% currently. Sony’s U.S. seaborne imports have been in decline, falling 9.9% on a year earlier in the fourth quarter. That’s been the result of Sony scaling back Chinese shipments which represented 43.3% of the total in 2018 and fell 24.6% in the fourth quarter. The firm is already increasing shipments from elsewhere, including television...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.