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March 18, 2011

Japan Earthquake hurts Sony Ericsson Business


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Sony Ericsson released a statement on the impact the earthquake that hit Japan a week ago would have on its business.

Sony Ericsson is closely following the situation in Japan and our thoughts go out to those affected by this tragic event. The safety of our employees remains the highest priority. We have approximately 1100 employees (including consultants) at two offices in Tokyo, and we can confirm that no employees have been injured, and that there is no major damage to our offices.

The affected area in northern Japan supplies a large portion of the world’s electronics industry with components, and the current situation will impact Sony Ericsson’s business.

As part of our business continuity plan, we are in contact with all our key suppliers in the region and we are identifying the possible relocation of certain component manufacturing, and looking at secondary sources of supply. Although the full impact of the current situation on our business will take additional time to assess, Sony Ericsson anticipates disruption to its supply chain operations.

We continue to monitor our supplier situation daily, in real time, and we will keep our operator and retail customers informed about the status of their specific supply.

 

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