Unformatted text preview: also plans to close its plant in Spain because of the high production costs. Sony’s strategy is to keep the main plant in Japan and hopes to increase its profits by 10 million in 2011 by outsourcing. Sony chose to sell its production plant to Hon Hai located in Taiwan because they have lower production costs, allowing for a higher profit margin. Sony also wants to combine forces with the company because they have a large business deal with LCDs. The corporation also believes it is better to have another company produce the product because it will allow for a competitive market between Samsung....
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- Spring '11
- Marketing, Corporation, television production plants