Hon Hai mak­ing tele­vi­sions for Sony in In­dia, says re­port

The China Post - - TAIWAN BUSINESS -

Tai­wan- based Hon Hai Pre­ci­sion In­dus­try Co. ( ) , the world’s largest con­tract elec­tron­ics- maker, has teamed up with Sony Corp. to man­u­fac­turer TVs in In­dia, ac­cord­ing to a re­port in an In­dian news­pa­per.

The Eco­nomic Times of In­dia said Tues­day that Hon Hai, known out­side Tai­wan as Fox­conn Tech­nol­ogy Group (

) , has started man­u­fac­tur­ing TVs un­der Sony’s Bravia brand in a plant near Chen­nai, the largest in­dus­trial and com­mer­cial cen­ter in south­ern In­dia.

The plant be­longs to Hon Hai’s sub­sidiary in In­dia called Com­pe­ti­tion Team Tech­nol­ogy, and has been rolling out two mod­els of 43- inch TVs run­ning the An­droid op­er­at­ing sys­tem, the re­port said. It said that the first ship­ments will start Aug. 4.

“Lo­cal pro­duc­tion will help us to be more com­pet­i­tive, of­fer lower costs and al­low faster turn­around time to launch newer mod­els,” Sony In­dia Man­ag­ing Di­rec­tor Kenichiro Hibi was cited by the Eco­nomic Times as say­ing.

Hibi said that the In­dian gov­ern­ment’s “make in In­dia” ini­tia­tive and the grow­ing im­por­tance of the South Asian coun­try in the world mar­ket led Sony to de­cide to man­u­fac­turer TVs there. He said that it is pos­si­ble for Sony to roll out more TV mod­els said.

Ac­cord­ing to the re­port, Sony is plan­ning to ex­pand its TV pro­duc­tion in In­dia to 22- inch to 43- inch mod­els in the fu­ture.

The Eco­nomic Times said that in the ini­tial stage, Sony will roll out TVs for the In­dian mar­ket through Hon Hai, and the Ja­panese firm does not rule out the pos­si­bil­ity that it will build its own plant for In­dian buy­ers and even ship made- in- In­dia TVs over­seas.

Mar­ket sources here said that it is the first time Hon Hai has pro­duced LCD TVs in In­dia.

The sources said Com­pe­ti­tion Team Tech­nol­ogy is owned by Hon Hai’s Hong Kong- listed unit FIH Mo­bile Ltd, which serves as a mo­bile phone con­tract- maker for in­ter­na­tional brands such as Sony and Nokia.

Over the week­end, news media in In­dia re­ported that Hon Hai, China’s largest e- com­merce op­er­a­tor Alibaba Group Hold­ing Ltd. and Ja­pan- based tele­com ser­vices sup­plier Soft­bank Corp. have jointly in­vested US$ 500 mil­lion in In­dian e- com­merce firm Snapdeal. com.

Hon Hai Chair­man Terry Gou ( ) vis­ited In­dia in July, and told In­dian news media that his group plans to set up 10- 12 pro­duc­tion bases in the coun­try by 2020, aim­ing to cre­ate 1 mil­lion jobs there.

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